Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 308

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 308
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 at Closing, at a conversion price of $7.00 per share. At the Closing, the Bridge Loans will have an aggregate principal balance of $5.1 million, with associated unamortized debt discounts of $2.1 million and unamortized debt issuance costs of $9 .8 thousand. During the period from July1, 2025 through the Closing, $383.3 thousand of the debt discount and $2.3 thousand of the issuance costs were amortized, and $199.6 thousand of interest expense was incurred. As a result, a net total of $3.3 million of bridge loans, net was derecognized from the unaudited pro forma condensed combined balance sheet as of June30, 2025 with a corresponding increase to PubCo Ordinary Shares of $9.1 thousand to reflect the par value of the shares issued and the remaining $3.3 million to additional paid -incapital in accordance with ASC 470 -20-40-4. (p)To reflect the conversion of all 422,500 GSR III Class A Ordinary Shares not subject to possible redemption issued and outstanding immediately prior to the Closing into PubCo Ordinary Shares, and to reflect the conversion of 5,200,500 GSR III Class B Ordinary Shares issued and outstanding immediately prior to the Closing into PubCo Ordinary Shares (5,750,000 issued and outstanding GSR III Class B Ordinary Shares less the 549,500 GSR III Class B Ordinary Shares subject to certain vesting or forfeiture conditions) (see Note 3(m)). Additionally, to reflect the conversion of 3,346,071 GSR III Class A Ordinary Shares issued and outstanding immediately prior to the Closing resulting from the automatic exercise immediately prior to the Closing of the GSR III Rights (see Note 3(j)). The conversion of the shares resulted in a $104.8 thousand reduction to additional paid -incapital, which represents the excess par value of PubCo Ordinary Shares over the par value of GSR III Class A Ordinary Shares and GSR III Class B Ordinary Shares, respectively. (q)To reflect, in the No Redemption Scenario, the conversion of all 23,000,000 issued and outstanding GSR III Class A Ordinary Shares subject to possible redemption immediately prior to the Closing into PubCo Ordinary Shares with no cash redemptions. This scenario has been structured to satisfy both the GSR III Available Cash requirement and the $5,000,001 minimum net tangible asset requirement set