Company: NKLR
Filing Date: 2025-12-09
Form Type: S-1/A
Source: 0001213900-25-119411
Chunk: 100

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-09
Form: S-1/A
Chunk 100
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 issue warrants to purchase PubCo Ordinary Shares at an exercise price of $12.00 per share (the “Half Warrants”), issued at a ratio of one Half Warrant for every two PIPE Shares, and warrants to purchase PubCo Ordinary Shares at an exercise price of $16.00 per share (the “Quarter Warrants”), issued at a ratio of one Quarter Warrant for every four PIPE Shares (together with the Half Warrants, the “PIPE Warrants”). The PIPE Warrants are exercisable immediately upon issuance and have a term of five years from the date of issuance. Additional Shares — Terra Innovatum Global Quotaholders Upon the Closing, former Terra Innovatum Global Quotaholders received additional shares in the form of 8,000 PubCo Preferred Shares. The Business Combination Agreement provides, among other things, that the holders of PubCo Preferred Shares issued in connection with the Closing will have the PubCo Preferred Shares mandatorily convert subsequent to the Closing into PubCo Ordinary Shares, subject to the following contingencies:

| ● | An amount equal to 25% of PubCo Preferred Shares (subject                                    
 to appropriate adjustment in the event of any stock dividend, stock split, combination or    
 other similar recapitalization with respect to the PubCo Preferred Shares), in the aggregate 
 among the Terra Innovatum Global Quotaholders in accordance with their pro rata portion,     
 if at any time during the five-year period following the Closing (the “First Conversion      
 Period”), (A) the volume weighted average price (“VWAP”) of the PubCo Ordinary               
 Share for any five Trading Days within any 20 Trading Days period (“PubCo Trading Price”)    
 is greater than $12.00, or (B) the submittal and docketing of at least 10 of the planned     
 Pre-Application Topical Reports following the NEI Guidance has occurred, whichever occurs    
 earlier.                                                                                     |

| ● | An amount equal to 25% of PubCo Preferred Shares (subject                                    
 to appropriate adjustment in the event of any stock dividend, stock split, combination or    
 other similar recapitalization with respect to the PubCo Preferred Shares), in the aggregate 
 among the Terra Innovatum Global Quotaholders in accordance with their pro rata portion,     
 if at any time during the First Conversion Period, (A) the PubCo Trading Price is greater    
 than $14.00, or (B) NRC docketing of the SOLO Construction Permit Application, pursuant