Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 54

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 54
---
 consummated could negatively impact its business.

Prior to the consummation of the Business Combination,
Terra Innovatum was not subject to Section 404 of the Sarbanes-Oxley Act. However, as a result of the consummation of the Business
Combination, Terra Innovatum is required to provide management’s attestation on internal controls. The standards required for a
public company under Section 404(a) of the Sarbanes-Oxley Act are significantly more stringent than those required of Terra
Innovatum as a privately held company. Management may not be able to effectively and timely implement controls and procedures that adequately
respond to the increased regulatory compliance and reporting requirements that will be applicable after the Business Combination. If Terra
Innovatum management is unable to conclude that we have effective internal control over financial reporting, or to certify the effectiveness
of such controls, and ourindependent registered public accounting firm cannot render an unqualified opinion on management’s
assessment and the effectiveness of our internal control over financial reporting at such time as it is required to do so, and material
weaknesses in our internal control over financial reporting are identified, we could be subject to regulatory scrutiny, a loss of public
and investor confidence, and to litigation from investors and shareholders, which could have a material adverse effect on our business
and our stock price. In addition, if we do not maintain adequate financial and management personnel, processes and controls, we may not
be able to manage our business effectively or accurately report our financial performance on a timely basis, which could cause a decline
in our ordinary shares price and adversely affect our business, financial condition and results of operations. Failure to comply with
the Sarbanes-Oxley Act could potentially subject us to sanctions or investigations by the SEC, the exchange upon which our securities
are listed or other regulatory authorities, which would require additional financial and management resources.

Risk Relating to Tax Matters Applicable to Terra Innovatum

Changes in tax, tariff or fiscal policies could adversely affect demand for our products.

Imposition of any additional taxes and levies on
our products could adversely affect the demand for our products and our results of operations. Changes in corporate and other taxation
policies as well as changes in export and other incentives given by various governments, or import or tariff policies, could also adversely
affect our results of operations. Considerable uncertainty surrounds the introduction and scope of tariffs by countries around the world,
as well as the potential for trade actions, and the