Company: NKLR
Filing Date: 2025-10-02
Form Type: 424B3
Source: 0001213900-25-095492
Chunk: 2

Company: Terra Innovatum Global N.V.
Filing Date: 2025-10-02
Form: 424B3
Chunk 2
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 purchase up to 138,500 ordinary shares, and Quarter Warrants to purchase up to 69,250 ordinary shares, for an aggregate total of $2.8million. The PIPE Subscription Agreements provides for the sale of an aggregate of 3,461,000 ordinary shares at a purchase price of $10.00 per share and Half Warrants to purchase up to 1,730,500 ordinary shares and Quarter Warrants to purchase up to 865,250 ordinary shares, subject to adjustment as set forth in the PIPE Warrants. The PIPE Warrants, which will be issued in connection with closing of the PIPE Financing, are exercisable immediately upon issuance and have a term of five years from the date of issuance. The PIPE Shares and PIPE Warrants, as well as the ordinary shares issuable upon exercise of the PIPE Warrants, are subject to registration rights as described therein. The PIPE Financing is expected to close substantially concurrently with the closing of the Business Combination, subject to the satisfaction of customary closing conditions. Half Warrants When issued in connection with the closing of the PIPE Financing, the Half Warrants entitle the holders to purchase ordinary shares of the Company at an exercise price of $12.00 per share, subject to adjustment as set forth in the Half Warrants. The Half Warrants are exercisable immediately upon issuance and expire five years from the date of issuance. The Half Warrants contains customary anti -dilutionprovisions, including adjustments for share splits, combinations, dividends, and certain other corporate events. Quarter Warrants When issued in connection with the closing of the PIPE Financing, the Quarter Warrants entitle the holders to purchase ordinary shares of the Company at an exercise price of $16.00 per share, subject to adjustment as set forth in the Quarter Warrants. The Quarter Warrants are exercisable immediately upon issuance and expire five years from the date of issuance. The Quarter Warrants contains customary anti -dilutionprovisions, including adjustments for share splits, combinations, dividends, and certain other corporate events. Additional Bridge Loans As disclosed in the proxy statement/prospectus, between May 2025 and August 2025, Terra Innovatum had entered into convertible Bridge Loans for gross cash proceeds of $5.0 million, net of $100.0 thousand in debt issuance costs, resulting in a net cash inflow of $4.9 million. Additionally, in connection with the Bridge Loans, as amended in August 2025, Terra Innovatum committed to issue to the Bridge Loan