Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 515

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 515
---
 and securing potential backstop financing. Pursuant to the agreement, the Company has committed to a retainer fee of $50,000, payable upon execution of the engagement letter, and a LOI signature fee of $25,000, payable upon signing a mutually exclusive letter of intent with a SPAC. Upon the public announcement of the business combination, the Company will be required to pay an announcement milestone fee of $225,000. Additionally, upon the closing of the business combination, Moonshot will be entitled to (i) a cash success fee of $2,500,000, (ii) 623,000shares of the SPAC/combined entity’s ordinary shares, of which 223,000shares shall be issued at the time of the closing of the business combination and the remaining 400,000shares shall be issued in four tranches, subject to vesting conditions tied to certain milestones, and (iii) one million warrants with a strike price of $7 per share, exercisable within 60 months from the business combination closing date. The agreement includes an expense reimbursement provision, under which the Company is responsible for reasonable, pre -approvedout -of -pocketexpenses incurred by Moonshot, capped at $50,000 unless otherwise agreed. Additionally, the Company has agreed to indemnify Moonshot for certain liabilities arising from its engagement. As of June 30, 2025 and December 31, 2024, the Company has incurred $266,478 and $46,800, respectively, in advisory fees, related to the Retainer Fee, LOI Signature Fee and announcement milestone payment. Future obligations under this agreement remain contingent upon the execution and closing of the business combination. Loeb & Loeb LLP Agreement On January 10, 2025, the Company entered into an engagement letter with Loeb & Loeb LLP (“Loeb”) who has agreed to represent the Company in connection with a SPAC merger, providing legal services including due diligence, drafting and reviewing key documents, and assisting with SEC filings and exchange listings. The engagement is capped at $1,250,000 million in fees, with $250,000 payable in staged retainer payments and as of June 30, 2025, the Company incurred $914,917 in fees. Alliance Advisors, LLC Agreement On May 9,2025, the Company 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 the Company starting May