Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 123

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 123
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, legal services, accounting and audit services for historical 
 financial statements, and marketing and investor relations costs. None of these services      
 were specific incremental costs directly attributable to the offering.                        |

| ● | Approximately $482.4 thousand of costs incurred prior                                         
 to September 30, 2025 were expensed as incurred and recorded as an addition to accumulated    
 deficit in the pro forma balance sheet. These costs include strategic advisory fees, legal    
 services, accounting and audit services for historical financial statements, and marketing    
 and investor relations costs. None of these services were specific incremental costs directly 
 attributable to the offering.                                                                 |

| ● | Approximately $956.3 thousand of legal fees incurred prior                                   
 to September 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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| (g) | To reflect the recapitalization of PubCo through the conversion                                 
 of 100 New TopCo quotas into 47,500,000 PubCo Ordinary Shares, reflecting the Common Conversion 
 Ratio of 475,000, and to reflect to derecognition of the accumulated deficit of GSR III which   
 is reversed to additional paid-in-capital.                                                      |

The recapitalization adjustment is determined
as follows (in thousands):

| Derecognition of Terra Innovatum Global Corporate                                                                         
 Capital                                                                                                                   |     | $ |     (15 | ) |
| Derecognition                                                                                                             
 of GSR III’s accumulated deficit(1)                                                                                       |     | $ |  11,423 |   |
| Issuance of PubCo Ordinary Shares                                                                                         
 in accordance with the Common Conversion Ratio                                                                            |     | $ |     558 |   |
| Net reduction of additional paid-in                                                                                       
 capital due to derecognition of GSR III’s accumulated deficit and Terra Innovatum Global’s Corporate Capital and issuance 
 of PubCo Ordinary Shares                                                                                                  |     | $ | (11,966 | ) |

| (1) | The derecognition of GSR III’s accumulated                       
 deficit of $8.6 million is determined as follows (in thousands): |

| Historical accumulated deficit of GSR III as of September 
 30, 2025                                                  |     | $ | 11,193 |   |
| Dividends on investments held in the