Company: NKLR
Filing Date: 2025-09-03
Form Type: S-4/A
Source: 0001213900-25-084087
Chunk: 525

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-03
Form: S-4/A
Chunk 525
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 for the development of the SOLO Micro Modular Reactor including technical assistance in safety analysis, hazard modeling, radiological consequence evaluation, risk -informedsafety assessments, and techno -economicanalysis for $93,912, with work scheduled to be completed by September30, 2025. Bridge Loan Amendments In August 2025, the company amended its Bridge Loan agreements. The liquidation preference in each agreement was modified to apply only upon termination of the Merger and entitles lenders to the greater of 150% of the conversion price, as defined, or a pro rata share of the equity issuer’s assets based on their ownership percentage. F-66 Terra Innovatum Global, Srl.
Notes to the Consolidated Financial Statements
(Unaudited) Note 14. Subsequent Events (cont.) Upon consummation of the Merger, the liquidation preference will terminate. The amendment defines the coverage amount as 100% of the total number of shares issued upon conversion. Following the Merger, lenders will receive two sets of warrants to subscribe to a number of ordinary shares of the Company equal to the coverage amount, priced at $11.50 and $15.00 per share respectively. These warrants are exercisable within 36months and do not include anti -dilutionrights. Additionally, lenders are obligated to use their best efforts to actively support PIPE fundraising efforts and will earn a 3% commission on the funds raised through their efforts, payable in cash or ordinary shares of Terra Innovatum Global, Srl. at the applicable conversion price if the Merger is consummated. Senior Advisor Agreement On August21, 2025, the Company entered into a senior advisor agreement with Alex Spiro who will engage as an independent contractor to serve as a strategic advisor and promoter for the Company, particularly in connection with the Merger. The term of the agreement is 36months and outlines Spiro’s responsibilities, including strategic advisory, business development, investor introductions, and support for commercial agreements related to SOLO. Compensation includes a one -timegrant of 180,000 restricted shares in the post -combinationpublic entity (vesting over 36months) and 1% commission on qualifying new business he originates. F-67 REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Quotaholders’ of
Terra Innovatum Global S.R.L. Opinion on the Financial Statements We have audited the accompanying balance sheet of Terra Innovatum Global S.R.L. (the “Company”)