Company: NKLR
Filing Date: 2025-12-09
Form Type: S-1/A
Source: 0001213900-25-119411
Chunk: 16

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-09
Form: S-1/A
Chunk 16
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 to which GSR III agreed to issue and sell, in a private placement (the “ PIPE Financing”), (i) warrants to purchase up to 1,841,750 GSR III Shares at $12.00 per share (the “ Half Warrants”); (ii) warrants to purchase up to 920,875 GSR III Shares at $16.00 per share (the “ Quarter Warrants,” and together with the Half Warrants, the “ PIPE Warrants”); and (iii) 3,683,500 GSR III Shares at a price of $10.00 per share (the “ PIPE Shares”), for an aggregate gross proceeds total of approximately $36.8 million. The number of Terra Shares issuable upon exercise of the PIPE Warrants is subject to adjustment as set forth in the PIPE Warrants. The PIPE Warrants are exercisable immediately upon issuance and have a term of five years from the date of issuance. Upon the Closing of the Business Combination, Terra entered into an assumption and assignment agreement of even date with GSR III, pursuant to which Terra assumed all rights and obligations of GSR III under the PIPE Subscription Agreements and PIPE Warrants. Accordingly, the PIPE Shares and the PIPE Warrants issued in the PIPE Financing (collectively, the “ PIPE Securities”), as well as the Terra shares issuable upon exercise of the PIPE Warrants, are being registered hereby pursuant to registration rights granted to the PIPE Investors as described in the PIPE Subscription Agreements. The PIPE Securities were initially issued in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act and Rule 506 promulgated thereunder. See “ Management’s Discussion and Analysis of Financial Condition and Results of Operations—Recent Developments—Business Combination and Public Listing” and “ Unaudited Pro Forma Condensed Combined Financial Information—Terra Pre-Closing Restructuring” for more information about the transactions pursuant to which the PIPE Securities were issued. Implications of Emerging Growth Company and Smaller Reporting Company Status We are an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “ JOBS Act”). As an emerging growth company, we are eligible to take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies, including, but not limited to, not being required to comply with the auditor attestation requirements of Section