Company: NKLR
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001213900-25-063846
Chunk: 409

Company: Terra Innovatum Global N.V.
Filing Date: 2025-07-15
Form: S-4/A
Chunk 409
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 Ancillary Documents — Ancillary Documents — Registration Rights Agreement.” Administrative Services Agreement On November 7, 2024, GSR III pursuant to which we will pay a total of $55,556 per month for office space, administrative and support services to such affiliate. Upon completion of our initial business combination or our liquidation, we will cease paying these monthly fees. Accordingly, in the event the consummation of our initial business combination takes 18 months, an affiliate of Sponsor will be paid a total of approximately $1,000,000 ($55,556 per month) for office space, administrative and support services and will be entitled to be reimbursed for any out -of -pocketexpenses. If the time to complete the initial business combination is extended to 21 months at Sponsor’s discretion, Sponsor shall make a capital contribution to GSR III, if necessary, to fund any additional office space, administrative and support services. Terra Innovatum Relationships and Related Party Transactions During the years ended December31, 2024 and December31, 2023, Terra Innovatum earned other income of $129,170 and $38,941, respectively, for engineering consulting services provided to related parties. The consulting services are unrelated to the core business of Terra Innovatum and are included in the statement of operations under other income — related parties. As of December31, 2024 and 2023, Terra Innovatum had amounts due from related parties of $0 and $8,830, respectively. These amounts corresponded to unbilled amounts due from a related party for engineering consulting services provided during the years ended December31, 2024 and 2023. During the year ended December31, 2024, Terra Innovatum entered into an interest -freeloan agreement with its quotaholders. The total loan amount of $216,212 is to be provided in cash installments by January15, 2025. As of December31, 2024, quotaholders advanced $106,780 of the $216,212. The loan is scheduled to mature on December31, 2040, with automatic annual extensions permitted until December31, 2045, unless repayment is requested by the quotaholders. Terra Innovatum utilizes office space provided by a related party at no charge. There is no formal lease agreement, and no amounts have been recognized for rent expense in the accompanying financial statements. Management has determined that the fair value of the contributed office space is not material to the financial statements. 232 BEN