Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 253

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 253
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 of the liabilities in an orderly transaction between market participants
at the measurement date. In connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the
use of observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions
about how market participants would price assets and liabilities). The following fair value hierarchy is used to classify assets and liabilities
based on the observable inputs and unobservable inputs used in order to value the assets and liabilities:

| Level 1: | Quoted prices in active markets for identical assets or liabilities.                                                                    
 An active market for an asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency 
 and volume to provide pricing information on an ongoing basis.                                                                          |

| Level 2: | Observable inputs other than Level 1 inputs. Examples of                                                                                       
 Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets or liabilities 
 in markets that are not active.                                                                                                                |

| Level 3: | Unobservable inputs based on our assessment of the assumptions        
 that market participants would use in pricing the asset or liability. |

The following table presents
information about the Company’s assets that are measured at fair value on a recurring basis as of December 31, 2024 and indicates
the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value.

| Assets:                           |     | As of        
 December 31, 
 2024         |             |     | Quoted    
 Prices in 
 Active    
 Markets   
 (Level    
 1)        |             |     | Significant 
 Other       
 Observable  
 Inputs      
 (Level      
 2)          |   |     | Significant  
 Other        
 Unobservable 
 Inputs       
 (Level       
 3)           |   |
|:----------------------------------|:----|:-------------|------------:|:----|:----------|------------:|:----|:------------|:--|:----|:-------------|:--|
| Investments held in Trust Account |     | $            | 231,412,096 |     | $         | 231,412,096 |     | $           | — |     | $            | — |

NOTE 9. SEGMENT INFORMATION

ASC Topic 280, “Segment
Reporting,” establishes standards for companies to report in their financial statement information about operating segments, products,
services, geographic areas, and major customers. Operating segments are defined