Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 243

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 243
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 into quotas (similar to membership interests in
a limited liability company in the United States), which represent percentage ownership in the Company and not actual shares. Historical
earnings per quota has not been included in these financial statements as the Company determined that representing net loss per quota
is not a meaningful or material disclosure due to the Company’s current capital structure.

Fair Value Measurement

The Company measures certain financial assets
and liabilities at fair value in accordance with ASC 820. Fair value is a market-based measurement that should be determined based
on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, the
Company uses a three-level hierarchy, which prioritizes fair value measurements based on the types of inputs used for the various valuation
techniques (market approach, income approach and cost approach). The levels of hierarchy are described below:

| Level 1 — | Quoted prices in active markets for identical instruments.                                                                               |
| Level 2 — | Quoted prices for similar instruments in active markets;                                                                                 
 quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant 
 inputs and significant value drivers are observable in active markets.                                                                   |
| Level 3 — | Valuations derived from valuation techniques in which                                                                                    
 one or more significant inputs or significant value drivers are unobservable.                                                            |

<div align='center'>F-44

Terra Innovatum, Srl.
Notes to the Financial Statements</div>

Note 3. Summary of Significant Accounting Policies(cont.)

The Company’s assessment of the significance
of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or
liability. Financial assets and liabilities are classified in their entirety based on the most stringent level of input that is significant
to the fair value measurement.

The Company’s financial instruments include
cash and cash equivalents, accounts receivable, accounts payable, prepaids, accrued expenses, due from related parties, and note payable — related
party. The recorded carrying amounts of these accounts approximate their fair value due to their short-term nature.

Other Income — Related Party

Other income — related party
consists of engineering consulting services provided to related parties that are unrelated to the Company’s core business. This
income is recognized as the related performance obligations are satisfied. Refer to Note 4. Related Party Transactions for further
details.

Segments

ASC Topic 280, Segment Reporting,
establishes standards for companies to report in their