Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 263

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 263
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 out of the extended
transition period provided in the JOBS Act. As a result, these financial statements may not be comparable to companies that comply
with the new or revised accounting pronouncements as of public company effective dates.

Recent Accounting Pronouncements

Management does not believe
that any recently issued, but not yet effective, accounting standards if currently adopted would have a material effect on the accompanying
financial statements.

Note 4. Related Party Transactions

During the three months ended
September 30, 2025 and 2024, the Company earned other income of $0 and $34, respectively. During the nine months ended September
30, 2025 and 2024, the Company earned other income of $0 and $96 respectively, for engineering consulting services provided to related
parties. The consulting services are unrelated to the core business of the Company and are included in the statement of operations under
other income — related party.

During the year ended December 31,
2024, the Company entered into an interest-free loan agreement (the “2024 Loan Agreement”) with its quotaholders for approximately
$216 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 repayment is requested by the quotaholders.

On March 21, 2025, the
Company entered into a second interest-free loan agreement (the “2025 Loan Agreement”) with its quotaholders. The total loan
amount of $221 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.

As of September 30, 2025
and December 31, 2024, quotaholders advanced a total of $325 and $107, respectively, related to the 2024 and 2025 Loan Agreements.

<div align='center'>F-59</div>

Lease Agreement

On April 1, 2025, the
Company 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.