Company: NKLR
Filing Date: 2025-06-26
Form Type: S-4/A
Source: 0001213900-25-058019
Chunk: 281

Company: Terra Innovatum Global N.V.
Filing Date: 2025-06-26
Form: S-4/A
Chunk 281
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(1) |     | Common Conversion Ratio(2) |     |         Estimated PubCo Ordinary 
 Shares issued to Terra Innovatum 
        Quotaholders upon Closing |
| 100                                 |     |                    475,000 |     |                       47,500,000 |

____________ (1)Represents quotas held by legacy Terra Innovatum Quotaholders. (2)Represents the Per Quota Common Conversion Amount divided by $10.00. Bridge Loan Financing •Subsequent to March31, 2025, Terra Innovatum issued eleven convertible bridge loans (collectively the “Bridge Loans,” individually, each a “Bridge Loan”) for an aggregate principal balance of $4.9 million, net of the payment of debt issuance costs of $100.0 thousand resulting in a net cash inflow of $4.8 million. The Bridge Loans bear an interest rate of 15.00% per annum. The principal and accrued interest on the Bridge loans are convertible into PubCo Ordinary Shares at the Closing at a conversion price of $7.00 per share. In connection with the Bridge Loans, Terra Innovatum committed to issuing warrants exercisable for PubCo Ordinary Shares at an exercise price of $11.50 per share to certain holders of Bridge Loans. The warrants will be issued upon the Closing and the number of shares underlying the warrants is based on a specified fixed percentages (of 10%, 50%, or 100%) of the shares into which the Bridge Loans convert. Furthermore, under certain Bridge Loan agreements, if a specified funding threshold (the “Bridge Package”) is met, upon Closing, each applicable lender will receive a warrant to purchase a fixed number of PubCo Ordinary Shares at an exercise price of $15.00 per share. Additionally, under certain Bridge Loan agreements, warrants with an exercise price of $11.50 per share will be issued upon Closing and the number of shares underlying these warrants will be equal to 100% of the number of PubCo Ordinary Shares into which the applicable Bridge Loan will convert into at Closing if the Bridge Package is met. If the Bridge Package is not met, Terra Innovatum will issue warrants exercisable for 10% of the number of PubCo Ordinary Shares into which the applicable Bridge Loan will convert into at Closing. Other Material Events •Total actual and expected dividends on investments held in the Trust Account subsequent to March31, 2025 through the estimated Closing Date of September30, 2025 are estimated to be $4.8 million. •