Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 134

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 134
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 payment of transaction costs of $4.3 million 
 related to Terra Innovatum Global, including:               |

| (i) | $517.0 thousand of advisory and legal fees incurred                                                
 after June 30, 2025 that are specific incremental costs directly attributable to the offering; and |

| (ii) | $3.8 million of transaction costs incurred after June 30,                           
 2025 that are not specific incremental costs directly attributable to the offering. |

Accounts payable increased by $12.3 thousand, due to increases
of $517.0 thousand and $3.8 million related to items (i) and (ii) above. These increases were partially offset by (iii) $102.9 thousand
in cash payments for transaction costs made on various dates after June 30, 2025 but prior to Closing, and (iv) additional transaction
cost payments totaling $4.2 million made at the Closing.

In accordance with Staff Accounting Bulletin Topic 5.A
and ASC 340-10-S99-1, management evaluated the nature of all transaction-related costs. Based on this evaluation:

| ● | Approximately $2.6 million of costs incurred prior to                                                                                         
 June 30, 2025 were recorded in Terra Innovatum Global’s historical financial statements and expensed as incurred, as they                     
 were not directly attributable to the offering. These costs included legal and advisory services related to the negotiation and structuring   
 of the business combination agreement, legal and tax structuring services, accounting and audit services for historical financial statements, 
 and marketing and communications activities. None of these services were specific incremental costs directly attributable to the offering.    |

| ● | Approximately $593.2 thousand of transaction costs incurred                                                                         
 prior to June 30, 2025 were accounted for as specific incremental costs directly attributable to the offering and recorded in Terra 
 Innovatum Global’s historical financial statements as deferred transaction costs and recorded as a reduction to additional paid-in  
 capital in the pro forma balance sheet.                                                                                             |

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| ● | Approximately $517.0 thousand of transaction costs incurred                                                                               
 after June 30, 2025 were accounted for as specific incremental costs directly attributable to the offering and recorded as a reduction    
 to additional paid-in capital in the pro forma balance sheet. These costs include legal services directly supporting the preparation      
 and filing of the registration statement and advisory services for the preparation of the pro forma financial information. These services 
 were specific incremental costs directly