Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 47

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 47
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 the way we operate and could have a material adverse effect on our sales,
profitability, cash flows, financial condition, and lead to regulatory delays that could impact our ability to obtain licenses, certificates,
authorizations, permits, approvals, and/or certifications from regulatory agencies (collectively referred to herein as “regulatory
approvals”).

Our MMRs are subject
to regulations in all jurisdictions related to nuclear safety, environmental, and financial qualification. Regulatory approvals, such
as construction permits and operating licenses issued by the NRC, are necessary for our customers to construct and operate our MMRs.
Our plans to deploy MMRs rely on timely receipt of such regulatory approvals in the jurisdictions in which we seek to do business. Such
regulatory approval processes may be subject to change, can be technically challenging to address, may result in the imposition of conditions
that impact the financial viability of our MMR products, and may also provide opportunities for third parties to lodge objections or
seek more stringent requirements for our products.

Lastly, all of our
facilities are subject to regulations regarding human health and safety, wastewater, stormwater, air emissions and storage of materials
like petroleum. If we fail to comply with these laws and regulations, we could be subject to fines or penalties from local, state, and
federal regulators.

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Uncertain global macro-economic and political conditions could materially adversely affect our results of operations and financial condition.

Our results of operations are materially affected
by economic and political conditions in the United States and internationally, including inflation, deflation, interest rates, availability
of capital, energy and commodity prices, trade laws and the effects of governmental initiatives to manage economic conditions. Current
or potential customers may delay or decrease spending on our products and services as their business and budgets are impacted by economic
conditions. The inability of current and potential customers to pay us for our products and services may adversely affect our earnings
and cash flows.

Ongoing global supply chain disruptions have increasingly
affected both the availability and cost of raw materials, component manufacturing and deliveries. These disruptions may result in delays
in equipment deliveries and cost escalations that could adversely affect our business.

We could be subject to stringent export and import control laws and regulations depending on the jurisdictions in which we will operate. Unfavorable changes in these laws and regulations, our failure to secure timely required authorizations under these laws and regulations, or our failure to comply with these laws and regulations could have a material adverse effect on