Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 258

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 258
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 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 to generate 1 MWe of electricity baseload with a continuous operational cycle of up to 15 years,
extendable to 45 years through strategic refueling, with a fixed and competitive projected levelized cost of energy. The Company’s
strategic roadmap targets commercial deployment by 2028, with a clear focus on delivering a scalable, modular nuclear solution that can
be deployed across diverse markets — from industrial and infrastructure to remote and off-grid applications. Key differentiators
include a gas-cooled design, multiple safety shutdown mechanisms, safeguard-by-design, small footprint, and the ability to use commercially
available Low Enriched Uranium (“LEU”), which significantly reduces regulatory and technological barriers typical in nuclear
energy development. The Company has made substantial progress in de-risking its First-of-a-Kind (“FOAK”) reactor, including
initiating regulatory engagement with the U.S. Nuclear Regulatory Commission (“NRC”), and establishing a robust supply
chain strategy. The Company has completed the reactor design, validated key technological components, and is advancing through critical
regulatory milestones to achieve the Company’s 2027 FOAK reactor completion target.

On June 23, 2025, the
Terra Innovatum, Srl. quotaholders, who collectively owned 100% of both Terra Innovatum Global, Srl. and Terra Innovatum, Srl., contributed
100% of their respective quotas in the capital of Terra Innovatum, Srl.