Company: NKLR
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001213900-25-063846
Chunk: 397

Company: Terra Innovatum Global N.V.
Filing Date: 2025-07-15
Form: S-4/A
Chunk 397
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 of shareholders who are not citizens or residents of the Netherlands to hold or vote the PubCo Ordinary Shares. 209

COMPARISON OF SHAREHOLDER RIGHTS This section describes the material differences between the rights of GSR III shareholders before the consummation of the Business Combination, and the rights of PubCo shareholders after the Business Combination. These differences in shareholder rights result from the differences between Cayman Islands and Dutch law and the respective governing documents of GSR III and PubCo.

| Rights of GSR III Shareholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |     | Rights of PubCo Shareholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| Authorized Capital                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| GSR III is authorized to issue 200,000,000 Class A ordinary shares, $0.0001 par value each, 20,000,000 Class B ordinary shares, $0.0001 par value each, and 1,000,000 undesignated preference shares, $0.0001 par value each. As of December 31, 2024, there were 23,422,500 Class A ordinary shares, par value $0.0001 per share, and 5,750,000 Class B ordinary shares, par value $0.0001 per share issued and outstanding.                                                                                                                                          |     | The PubCo Articles of Association will provide for an authorized share capital of €        , divided into (i)          PubCo Ordinary Shares with a nominal value of €0.01 each, and          PubCo Preferred Shares with a nominal value of €100.00 each.                                                                                                                                                                                                                                                                                                                                  |
| Voting Rights                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| The GSR III amended and restated memorandum and articles of association provides that the holders of shares of GSR III shall have one vote for every share of which they are the holder on each matter properly submitted to the shareholders on which the holders are entitled to vote.                                                                                                                                                                                                                                                                               |     | Pursuant to the PubCo Articles of Association, the PubCo shareholders will have one vote for each PubCo Ordinary Share and the PubCo shareholders will have ten thousand votes for each PubCo Preferred Share.                                                                                                                                                                                                                                                                                                                                                                              |
| Appraisal/Dissenters’ Rights                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| Under certain circumstances, shareholders may dissent to a merger of a Cayman Islands company by following the procedure set out in the Cayman Islands Companies Act. Where dissenter