Company: NKLR
Filing Date: 2025-09-03
Form Type: S-4/A
Source: 0001213900-25-084087
Chunk: 415

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-03
Form: S-4/A
Chunk 415
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 of the PubCo general meeting at the proposal of the PubCo board of directors. If a resolution to dissolve PubCo is to be submitted to the PubCo general meeting, this must in all cases be stated in the convocation notice for the relevant PubCo general meeting. If the PubCo general meeting resolves to dissolve PubCo, the members of the PubCo board of directors will be charged with the liquidation of the business of PubCo, unless the PubCo general meeting resolves otherwise at the proposal of the PubCo board of directors. During liquidation, the provisions of the PubCo Articles of Association will remain in force as long as possible. 219 The balance remaining after payment of the debts of PubCo following its dissolution shall be transferred to the PubCo shareholders pro rata in proportion to the number of PubCo shares held by each PubCo shareholder. Squeeze Out Pursuant to article 2:92a of the Dutch Civil Code, a shareholder who, for his or her own account, holds at least 95% of PubCo’s issued and outstanding share capital may initiate proceedings against the other shareholders jointly for the transfer of their shares to the claimant. The proceedings are held before the Dutch Enterprise Chamber ( Ondernemingskamer) and can be instituted by means of a writ of summons served upon each of the minority shareholders in accordance with the provisions of the Dutch Code of Civil procedure ( Wetboek van Burgerlijke Rechtsvordering). The Dutch Enterprise Chamber may grant the claim for the squeeze -outin relation to all minority shareholders and will determine the price to be paid for the shares, if necessary after appointment of one to three expert(s) who will offer an opinion to the Dutch Enterprise Chamber on the value to be paid for the shares of the minority shareholders. Once the order to transfer becomes final before the Dutch Enterprise Chamber, the person acquiring the shares must give written notice of the date and place of payment and the price to the holders of the shares to be acquired whose addresses are known to him or her. Unless the addresses of all of them are known to the acquiring person, such person is required to publish the same in a Dutch national daily newspaper. Cross-border restructuring Dutch law provides that, to the extent the acquiring company in a cross -bordermerger or a cross -borderdemerger is organized under the laws of another European Economic Area member state, a shareholder of a non -survivingDutch company who has voted against the cross -bordermerger or the cross -borderdemer