Company: NKLR
Filing Date: 2025-09-11
Form Type: S-4/A
Source: 0001213900-25-086741
Chunk: 333

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-11
Form: S-4/A
Chunk 333
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 September3, 2025 which provides us with an additional potential FOAK site. Recent Developments During the year ended December 31, 2024, we entered into an interest -freeloan agreement (the “2024 Loan Agreement”) with our quotaholders for approximately $216,212, which was provided in full by March 31, 2025. The loan is scheduled to mature on December 31, 2040, with automatic annual extensions permitted until December 31, 2045, unless payment is requested by the quotaholders. On March 21, 2025, we entered into a second interest -freeloan agreement (the “2025 Loan Agreement”) with our quotaholders. The total loan amount of $220,749 is to be provided in cash installments by April 10, 2025, and matures on December 31, 2040. The maturity is subject to annual extensions until December 31, 2024, unless repayment is requested by the quotaholders. 165 As of June 30, 2025, quotaholders advanced a total of $326,307 related to the 2024 and 2025 Loan Agreements. We expect that these loans will be paid off at or before Closing. Pre-application activities for SOLO micro reactor Following an informal introductory meeting in November 2024, on January 24, 2025, we engaged in pre -applicationactivities with the NRC for our SOLO micro reactor design, to streamline the licensing process through the submission of the Regulatory Engagement Plan (“REP”). Lease Agreement On April 1, 2025, we entered into a lease agreement with Nine Nuclear and Industrial Engineering S.R.L. (“Nine”), a related party, to sublease three office rooms from a property unit located in Lucca, Sorbano del Giudice, Via della Chiesa XXXII n. 759. The three office rooms will be used exclusively for professional office purposes and related activities. The term of the lease agreement is 24 months starting from April 1, 2025 and ending on March 31, 2027. Each party may withdraw from the lease agreement at any time before the expiration date of the contract. The rent is $12,305 (€11,400 Euros) per annum, $1,025 (€950 Euros) per month plus $54 (€50 Euros) monthly as a flat -ratereimbursement for utilities and cleaning costs (