Company: NKLR
Filing Date: 2025-09-11
Form Type: S-4/A
Source: 0001213900-25-086741
Chunk: 96

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-11
Form: S-4/A
Chunk 96
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 | $           |      (5.10 | ) |     | $           |      (8.53 | ) |

___________ (1) Net tangible book deficit, as adjusted, depicts the amount of net assets that the SPAC will contribute to the post -combinationentity, while excluding the effect of the consummation of the de -SPACtransaction itself. GSR III Ordinary Shares issued and outstanding, as adjusted, depicts the number of GSR III Class A Ordinary Shares that the SPAC will contribute to the post -combinationentity, while excluding the effect of the consummation of the de -SPACtransaction itself. The historical GSR III net tangible book value and the historical GSR III Ordinary Shares issued and outstanding as of June 30, 2025 have been adjusted for: (A) the assumed redemptions in the 50% Redemption Scenario and Maximum Redemption Scenario of GSR III Class A Ordinary Shares subject to possible redemption, (B) material probable or

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consummated transactions other than the consummation of the de -SPACtransaction itself, and (C) other material effects of the de -SPACtransaction on the historical GSR III net tangible book value but excluding the de -SPACtransaction itself. Net tangible book value, as adjusted, and GSR III Ordinary Shares issued and outstanding, as adjusted, are calculated as follows (in thousands, except for share data):

| (in thousands, except share and per share amounts)                                                                
 Numerator:                                                                                                        |     | Assuming    
 No          
 Redemptions 
 Into Cash   |            |   |     | Assuming    
 50%         
 Redemptions 
 Into Cash   |             |   |     | Assuming    
 Maximum     
 Redemptions 
 Into Cash   |             |   |
|:------------------------------------------------------------------------------------------------------------------|:----|:------------|-----------:|:--|:----|:------------|------------:|:--|:----|:------------|------------:|:--|
| GSR III historical net tangible book value as of June 30, 2025(1)                                                 |     | $           |    227,164 |   |     | $           |     227,164 |   |     | $           |     227,164 |   |
| Adjustments to numerator:                                                                                         |     |             |            |   |     |             |             |   |     |             |             |   |
| Less: Cash payment for redem