Company: NKLR
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001213900-25-111171
Chunk: 4

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-17
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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    Cash and cash equivalents at beginning of the period 
     69  
     2 
  
    Cash and cash equivalents at end of the period 
    $2,151  
    $14 
  
    Supplemental disclosures of cash flow information: 

    Cash paid for interest 
    $-  
    $- 
  
    Cash paid for income taxes 
    $-  
    $- 
  
    Non-cash investing and financing activities: 

    Unpaid deferred transaction costs 
    $1,062  
    $- 
  
    Reclassification of liability-classified to equity-classified warrants 
    $193  
    $- 
  
    Fair value of warrant liability 
    $1,485  

    Issuance costs allocated to Bridge Loans 
    $10  
    $- 
  
    Equity classified warrants in conjunction with Bridge Loans 
    $1,329  
    $- 

The accompanying notes are an integral part
of these unaudited consolidated financial statements.

4

Terra Innovatum Global N.V. 
(formerly Terra Innovatum Global, Srl.)
Notes to the Consolidated Financial Statements
(Unaudited)(in thousands)

Note 1. Organization

Terra Innovatum Global, Srl. (the “Company”),
an Italian limited liability company limited by shares was formed on April 29, 2025, for the purpose of becoming the ultimate parent
company following the transactions contemplated in a merger agreement (the “Merger Agreement”) entered into on April 21,
2025, by Terra Innovatum, Srl., GSR III Acquisition Corp. (“GSR III”), and other parties (also see Note 5 — Commitments
and Contingencies). The Company’s legal headquarters is in Lucca Italy, San Marco district at Via Matteo Trenta No. 117.

Terra Innovatum, Srl. was incorporated under the
laws of Italy on September 23, 2021 and is headquartered in Lucca, Italy. Terra Innovatum, Srl. is a pioneering nuclear energy technology
company developing the SOLO Micro-Modular Nuclear Reactor (“SOLO”), a breakthrough solution designed to address critical challenges
in clean energy production. The Company’s reactor represents a significant technological and engineering advancement, offering a
compact, safe, and economically compelling alternative to traditional energy infrastructure. The SOLO reactor’s core innovation
lies in its ability