Company: NKLR
Filing Date: 2025-05-14
Form Type: S-4
Source: 0001213900-25-043376
Chunk: 416

Company: Terra Innovatum Global N.V.
Filing Date: 2025-05-14
Form: S-4
Chunk 416
---
 reasonable, pre -approvedout -of -pocketexpenses incurred by PAC, capped at $50,000 unless otherwise agreed. Additionally, the Company has agreed to indemnify PAC for certain liabilities arising from its engagement. As of December 31, 2024, the Company has incurred $46,800 in advisory fees, related to the Retainer Fee and LOI Signature Fee. Future obligations under this agreement remain contingent upon the execution and closing of the business combination. Note 6. Prepaid expenses and other current assets Prepaid expenses and other current assets consisted of the following:

|                                                 |     |   | December 31, 
         2024 |     |   | December 31, 
         2023 |
|:------------------------------------------------|:----|:--|-------------:|:----|:--|-------------:|
| Prepaid expenses                                |     | $ |       63,109 |     | $ |            — |
| Taxes receivables                               |     |   |          970 |     |   |        1,367 |
| Total prepaid expenses and other current assets |     | $ |       64,079 |     | $ |        1,367 |

F-29

Terra Innovatum, Srl.
Notes to the Financial Statements Note 6. Prepaid expenses and other current assets (cont.) Accrued expenses and other current liabilities consisted of the following:

|                                                      |     |   | December 31, 
         2024 |     |   | December 31, 
         2023 |
|:-----------------------------------------------------|:----|:--|-------------:|:----|:--|-------------:|
| Wages payable                                        |     | $ |       10,070 |     | $ |        7,603 |
| Taxes payable                                        |     |   |       10,395 |     |   |        1,435 |
| Other                                                |     |   |           58 |     |   |           24 |
| Total accrued expenses and other current liabilities |     | $ |       20,523 |     | $ |        9,062 |

Note 7. Other Non-Current Liabilities Other non -currentliabilities consist of Trattamento di Fine Rapporto (“TFR”) liability of $5,585 and $2,103 as of December 31, 2024, and December 31, 2023, respectively. TFR represents a defined