Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 328

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 328
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olders, who collectively own 100% of both Terra Innovatum Global and Terra contributed 100% of their respective quotas in the capital of Terra to Terra Innovatum Global (the “Contribution”). As a result of the Contribution, Terra became a wholly owned subsidiary of Terra Innovatum Global. • Conversion: Immediately after the Contribution and before any PIPE or alternative financing, Terra Innovatum Global will be converted from an Italian limited liability company into a Dutch public limited company. Formation of Terra MergerCo After the Terra Pre -closingRestructuring, Terra Innovatum Global will form Terra MergerCo, a Cayman Islands exempted company, as a direct, wholly owned subsidiary to complete the merger. Closing Date On the closing date of the Merger, GSR III will continue as the surviving entity and become a wholly owned subsidiary of Terra Innovatum Global. At the effective time of the merger, each outstanding ordinary share of GSR III will be exchanged for one ordinary share of Terra Innovatum Global (the “Merger”). Registration and Listing PubCo plans to register the shares with the U.S. Securities and Exchange Commission and apply to list these shares on Nasdaq Stock Market. 166 Conditions and Closing Date The Merger requires approval from GSR III shareholders and the satisfaction of other customary closing conditions. Accounting The Merger will be accounted for as a recapitalization, with GSR III treated as the acquired company for accounting purposes and Terra Innovatum Global will be treated as the accounting acquirer. Bridge Loan In May and June 2025, we entered into a series of unsecured debt note subscription agreements (the “Bridge Loans”) with multiple lenders, generating aggregate gross proceeds of $5,000,000. In accordance with the terms of the agreements, the Bridge Loans bear interest at a fixed annual rate of 15%, payable in kind (“PIK”) calculated on the outstanding principal balance. The Bridge Loans mature one year from their respective issuance dates and are subject to mandatory early redemption upon the consummation of a qualifying business combination, such as the Merger. In such an event, all accrued and unaccrued interest becomes immediately due and payable on the 30 thday following the completion of the qualifying transaction. During May 2025 and June 2025, we entered into multiple letter agreements to convert the Bridge Loans into ordinary shares of Terra Innovatum Global if the Merger is completed (the “Bridge Loan Conversion”). Such letter agreements were further amended in August 2025. If the Bridge Loan Conversion happens