Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 212

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 212
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 not included in this proxy statement/prospectus in order to induce any GSR III shareholders to vote in favor of any of the proposals at the special meeting. GSR III urges you to review the financial statements of Terra Innovatum included in this proxy statement/prospectus, as well as the financial information in the section of this proxy statement/prospectus entitled “ Unaudited Pro Forma Condensed Combined Financial Information” and to not rely on any single financial measure. Terra Innovatum uses certain financial measures in its Unit Economics that are not prepared in accordance with GAAP as supplemental measures to evaluate operational performance. While Terra Innovatum believes that non -GAAPfinancial measures provide useful supplemental information, there are limitations associated with the use of non -GAAPfinancial measures. Non -GAAPfinancial measures are not prepared in accordance with GAAP, are not reported by all of Terra Innovatum’s competitors and may not be directly comparable to similarly titled measures of Terra Innovatum’s competitors. Non -GAAPfinancial measures should not be considered in isolation from, or as a substitute for, financial information presented in accordance with GAAP. Financial measures included in the Unit Economics provided to a board of directors or financial advisor in connection with a business combination transaction are excluded from the definition of “non -GAAPfinancial measures” under the rules of the SEC, and therefore the Unit Economics are not subject to SEC rules regarding disclosures of non -GAAPfinancial measures, which would otherwise require a reconciliation of a non -GAAPfinancial measure to a GAAP financial measure. Accordingly, no reconciliation of the financial measures included in the Unit Economics was prepared, and therefore none have been provided in this proxy statement/prospectus. The definitions of the non -GAAPmeasures included in the Unit Economics may not align with those underlying the non -GAAPmeasures presented in “ Terra Innovatum’s Management’s Discussion and Analysis of Financial Condition and Results of Operations.” The key assumptions for the expected nth -of-a-kind(“ NOAK”) unit economics of the 1 MWe SOLO nuclear reactor include: • Expected Life of SOLO.Each SOLO will have a 45 -yeardesign life. • Sale of SOLO.Each SOLO is expected to be sold to customers for an initial cost of $17.5million. • Service Revenue.Customers will be charged an annual maintenance fee of $100,000 for each SOLO. • Non -Fuel Costs.The non -fuelcosts for, including capital costs, balance of plant,