Company: NKLR
Filing Date: 2025-06-26
Form Type: S-4/A
Source: 0001213900-25-058019
Chunk: 211

Company: Terra Innovatum Global N.V.
Filing Date: 2025-06-26
Form: S-4/A
Chunk 211
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 current market conditions. Summary of ERShares’ Financial Analysis of Company Market Method The primary method ERShares used as the basis for the fairness opinion assessment was a Market Method, which relied on a combination of (a) a Guideline Publicly Traded Companies Analysis (“ GPC Analysis”), and (b) a Guideline Transaction Analysis (“ GTM Analysis”). 84 Guideline Publicly Traded Companies Analysis The GPC Analysis is a market indicator used to value a business. ERShares reviewed and analyzed publicly available data on CapIQ about companies that were considered to have attributes similar to the Company. There are no guideline public companies that are directly comparable to Company’s future prospective business. ERShares selected a group of 2 guideline public companies that it considered to have attributes similar to the Company (“ GPC Guideline Companies,” collectively, the “ Guideline Companies Group”) to use for purposes of the GPC Analysis. ERShares utilized the platform and analytical tools of CapIQ’s public company database (the “ database,” unless otherwise indicated, as accessed as of April 07, 2025 (the “ Access Date”)), to assist with the identification of GPC Guideline Companies and to obtain certain publicly available information about those companies. Of the total number of companies with securities listed on a U.S. national securities exchange (“ Public Companies”) included in the database, ERShares selected the 2 GPC Guideline Companies. The GPC Guideline Companies are as follows: •Nano Nuclear Energy Inc. and Oklo, Inc. •Worldwide Presence: Of the total number of companies included in the database, ERShares selected a group of 72,052 Public Companies with securities listed on various national exchanges globally in order to incorporate in the GPC Guideline Companies with operations and foci outside as well as inside of Italy (the “ Worldwide Presence Category”). •All Energy: Within the companies in the Worldwide Presence Category, ERShares narrowed its search to approximately 1,812 Public Companies that fall within the Global Industry Classification Standards classifications developed by S&P, Dow Jones Indices and MSCI, as of the Access Date (“ GICS”) general “Energy” classification (the “ Energy Category”). •Specific Energy Category: ERShares’ search was further narrowed to approximately 614 companies within the Energy Category, which ERShares considered to have attributes or potential similarities to the Company. •Electric Power Generation by Nuclear Fuel Category: ERShares’ search was further narrowed to approximately 53 companies within the Specific Energy Category, which ERShares considered to have focused attributes or