Company: NKLR
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001213900-25-063846
Chunk: 208

Company: Terra Innovatum Global N.V.
Filing Date: 2025-07-15
Form: S-4/A
Chunk 208
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 in accordance with GAAP, are not reported by all of Terra Innovatum’s competitors and may not be directly comparable to similarly titled measures of Terra Innovatum’s competitors. Non -GAAPfinancial measures should not be considered in isolation from, or as a substitute for, financial information presented in accordance with GAAP. Financial measures included in the Unit Economics provided to a board of directors or financial advisor in connection with a business combination transaction are excluded from the definition of “non -GAAPfinancial measures” under the rules of the SEC, and therefore the Unit Economics are not subject to SEC rules regarding disclosures of non -GAAPfinancial measures, which would otherwise require a reconciliation of a non -GAAPfinancial measure to a GAAP financial measure. Accordingly, no reconciliation of the financial measures included in the Unit Economics was prepared, and therefore none have been provided in this proxy statement/prospectus. The definitions of the non -GAAPmeasures included in the Unit Economics may not align with those underlying the non -GAAPmeasures presented in “ Terra Innovatum’s Management’s Discussion and Analysis of Financial Condition and Results of Operations.” The key assumptions for the expected nth -of-a-kind(“ NOAK”) unit economics of the 1 MWe SOLO nuclear reactor include: • Expected Life of SOLO.Each SOLO will have a 45 -yeardesign life. • Sale of SOLO.Each SOLO is expected to be sold to customers for an initial cost of $17.5million. • Service Revenue.Customers will be charged an annual maintenance fee of $100,000 for each SOLO. • Non -Fuel Costs.The non -fuelcosts for, including capital costs, balance of plant, contingency and transportation costs, are expected to be $8.0million. • Fuel Costs: •Each SOLO will require an initial fuel load costing approximately $3.5million. •Each SOLO will require a refueling load every 15 years over the 45 -yearplant design life, with each refueling load costing approximately $3.5million, and non -fuelcosts associated with the refueling costing $2.5million. • Operating Costs:For each SOLO, Terra Innovatum will incur annual maintenance expenses of $50,000. • Deployment Assumption:These NOAK unit economics are assumed at the one -thousandthunit produced. 83 Forecast of SOLO 1 MWe Illustrative Unit Economics (First 15 years) (1) ($ are in millions