Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 327

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 327
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2024 and 2025 Loan Agreements. We expect that these loans will be paid off at or before Closing. Pre-application activities for SOLO micro reactor Following an informal introductory meeting in November 2024, on January 24, 2025, we engaged in pre -applicationactivities with the NRC for our SOLO micro reactor design, to streamline the licensing process through the submission of the Regulatory Engagement Plan (“REP”). Lease Agreement On April 1, 2025, we entered into a lease agreement with Nine Nuclear and Industrial Engineering S.R.L. (“Nine”), a related party, to sublease three office rooms from a property unit located in Lucca, Sorbano del Giudice, Via della Chiesa XXXII n. 759. The three office rooms will be used exclusively for professional office purposes and related activities. The term of the lease agreement is 24 months starting from April 1, 2025 and ending on March 31, 2027. Each party may withdraw from the lease agreement at any time before the expiration date of the contract. The rent is $12,305 (€11,400 Euros) per annum, $1,025 (€950 Euros) per month plus $54 (€50 Euros) monthly as a flat -ratereimbursement for utilities and cleaning costs (the “Lease Fee”), with the total monthly amount to be paid no later than the 10 thof each month. The Lease Fee will be updated annually by 75% of the variation in the official consumer price indices for worker and employee families as determined by the Italian Statistics Day (“ISTAT”) in the previous year and subsequently year by year, with the first update taking effect on April 1, 2026. As of June 30, 2025, we have paid $3,281 in rent. Merger On April 21, 2025, Terra, GSR III, and such other parties that may become parties entered into a merger agreement (the “Merger Agreement”). The following are the transactions contemplated in the Merger Agreement: Pre-Closing Restructuring Terra has undergone and will undergo a pre -closingrestructuring (the “Terra Pre -ClosingRestructuring”): • Formation of Terra Innovatum Global, srl: On April29, 2025, Innovatum Global was created, with the same owners and ownership percentages as Terra. • Contribution of Ownership Interests: June23, 2025, the Terra quotah