Company: NKLR
Filing Date: 2025-08-01
Form Type: S-4/A
Source: 0001213900-25-070223
Chunk: 326

Company: Terra Innovatum Global N.V.
Filing Date: 2025-08-01
Form: S-4/A
Chunk 326
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 deemed completed. The lender is also entitled to a 3% commission on funds raised through the PIPE transaction, payable in cash or shares. Alliance Advisors, LLC Agreement On May9, 2025, we entered into an engagement letter with Alliance Advisors, LLC (“Alliance”) which outlines the terms under which Alliance will provide investor relations and advisory services to us starting May1, 2025. Alliance will implement a financial communications program and receive a monthly fee of approximately $16,500 consisting of $10,000 in cash and $6,500 deferred until the Merger closes. A $75,000 success fee is also due upon a successful Nasdaq listing. The agreement includes provisions for additional services, expense reimbursements, and a 3% service fee for access to market intelligence tools. The engagement letter expires on April30, 2026, however, has automatic annual renewals unless terminated with notice. If we do not complete the closing of the Merger by October31, 2025, we will pay the Deferred Monthly Fee in the aggregate amount of $39,000 by November 30th, 2025. Contribution of Ownership Interests On June19, 2025, the quotaholders, who collectively own 100% of both Terra Global and Terra, contributed all of their ownership interests in Terra to Terra Global pursuant to the Contribution, in accordance with their existing ownership percentages in Terra. This Contribution was executed as part of the pre -closingrestructuring related to the Merger. As a result, Terra became a wholly owned subsidiary of Terra Global. Related Party Loan On June25, 2025, Terra entered into a related party loan agreement with Terra Global for up to $1,165,900 (€1,000,000 EUR). The loan is to be disbursed within three days of request, carries a 3% annual interest rate and a 2% late payment penalty. It is repayable by June25, 2026, with early repayment allowed without penalty. On July1, 2025, Terra Global drew down a first tranche of $177,045 (€150,000 EUR). Financial Performance For the three months ended March31, 2025 and 2024, we reported a net loss of $1,447,688 and $73, respectively. Net cash used in operating activities was $199,056 for the three months ended March31, 2025, and net cash provided by operating activities was $1,911 for the three months