Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 170

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 170
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 had, and it intends to continue to have, its place of effective management
in Italy.

Terra is registered with the Dutch trade register.
Its trade register number is 98523554.

Share Capital and Form of Shares

The Terra Articles of Association provide for
an authorized share capital of €5,804,000, divided into (i) 500,000,000 Terra Ordinary Shares with a nominal value of €0.01
each, and 8,040 Terra Preferred Shares with a nominal value of €100.00 each. All issued and outstanding Terra Ordinary Shares and
Terra Preferred Shares will have been fully paid up.

Under Dutch law, the authorized share capital
is the maximum share capital that Terra may issue without amending the Terra Articles of Association.

Pursuant to the Terra Articles of Association,
the Terra Ordinary Shares and the Terra Preferred Shares will be held in registered form. No share certificates will be issued.

Conversion of Terra Preferred Shares into Ordinary Shares

As outlined in the Terra Articles of Association,
each Terra Preferred Share can be converted into 10,000 Terra Ordinary Shares. Upon fulfillment of the contractual conversion conditions
as included in the Business Combination Agreement as determined by the Terra board of directors (i) voluntarily or (ii) at the request
of a holder of Terra Preferred Shares, the Terra board of directors shall convert the Terra Preferred Shares held by the Terra shareholders
into Terra Ordinary Shares in the ratio as included in the aforementioned sentence.

The request to convert of a holder of Terra Preferred
Shares shall be made in writing and shall specify the number and numbering of Terra Preferred Shares to be converted.

The conversion of one or more Terra Preferred
Shares will only take effect upon the issuance by the Terra board of directors of a confirmation that the contractual conversion conditions
as included in the Business Combination Agreement are met. The conversion of a Terra Preferred Share shall take place as of the date
of the issuance of such confirmation by the Terra board of directors, or on such later date as the Terra board of directors shall indicate
in the respective confirmation.

Upon the conversion of a Terra Preferred Share,
a proportionate part of the special dividend reserve as maintained by Terra attached to that Terra Preferred Share, will be reallocated
to the respective reserve(s) attached to the Terra Ordinary Shares that the Terra Preferred Share is being converted into.

Issuance of Shares

Based on the Terra Articles of Association, Terra
Ordinary Shares and Terra Preferred Shares shall be issued or rights to subscribe for Terra shares may be granted