Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 312

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 312
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. (b)To reflect expense recognized for the directors’ and officers’ tail insurance policy recorded in Note 3(k). (c)To reflect the removal of the previously recognized income from GSR III’s cash and investments held in Trust Account as the Trust Account will be released upon the Closing.

149 (d)To reflect the estimated transaction costs of Terra Innovatum of $4.1million for certain strategic advisory fees, legal and tax structuring services, accounting and audit services for historical financial statements, and marketing and investor relations costs. None of these services were specific incremental costs directly attributable to the offering and were expensed as incurred. This is a non -recurringitem. (e)To reflect one year of amortization expense for PubCo’s directors’ and officers’ insurance policy recorded in Note 3(l) for the year ended December 31, 2024. Additionally, to reflect six months of amortization expense for PubCo’s directors’ and officers’ insurance policy for the six months ended June30, 2025. These costs will be finalized and adjusted in a subsequent filing. (f)To reflect the recognition of stock -basedcompensation upon the satisfaction of a performance condition (the Closing of the Business Combination) associated with the transfer of certain GSR III Class B Ordinary Shares. In November 2024, the Sponsor transferred a total of 30,000 GSR III Class B Ordinary Shares to three independent directors (10,000 each) at a purchase price of $0.00438 per share. Additionally, in December 2024, the Sponsor transferred 225,000 GSR III Class B Ordinary Shares to a member of the management team, also at a purchase price of $0.00438 per share. Although the shares were legally transferred in 2024, the awards were subject to a performance condition (the Closing of the Business Combination). As such, in accordance with ASC 718, stock -basedcompensation was not recognized until the Closing, when the performance condition was satisfied. The grant date fair value of the shares was determined to be $0.00438 per share, equal to the amount paid by the recipients. As a result, the total stock -basedcompensation expense recognized was $0, as the fair value of the awards was fully offset by the amount initially received for the purchase of the shares. (g)To reflect the reversal of Terra Innovatum’s historical interest expense of $189.0 thousand for the Bridge Loans for the six months ended June30