Company: NKLR
Filing Date: 2025-08-01
Form Type: S-4/A
Source: 0001213900-25-070223
Chunk: 290

Company: Terra Innovatum Global N.V.
Filing Date: 2025-08-01
Form: S-4/A
Chunk 290
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 of $100.0 thousand resulting in a net cash inflow of $4.8 million. The Bridge Loans bear an interest rate of 15.00% per annum. The principal and accrued interest on the Bridge loans are convertible into PubCo Ordinary Shares at the Closing at a conversion price of $7.00 per share. In connection with the Bridge Loans, Terra Innovatum committed to issuing warrants exercisable for PubCo Ordinary Shares at an exercise price of $11.50 per share to certain holders of Bridge Loans. The warrants will be issued upon the Closing and the number of shares underlying the warrants is based on a specified fixed percentages (of 10%, 50%, or 100%) of the shares into which the Bridge Loans convert. Furthermore, under certain Bridge Loan agreements, if a specified funding threshold (the “Bridge Package”) is met, upon Closing, each applicable lender will receive a warrant to purchase a fixed number of PubCo Ordinary Shares at an exercise price of $15.00 per share. Additionally, under certain Bridge Loan agreements, warrants with an exercise price of $11.50 per share will be issued upon Closing and the number of shares underlying these warrants will be equal to 100% of the number of PubCo Ordinary Shares into which the applicable Bridge Loan will convert into at Closing if the Bridge Package is met. If the Bridge Package is not met, Terra Innovatum will issue warrants exercisable for 10% of the number of PubCo Ordinary Shares into which the applicable Bridge Loan will convert into at Closing. Other Material Events •Total actual and expected dividends on investments held in the Trust Account subsequent to March31, 2025 through the estimated Closing Date of September30, 2025 are estimated to be $4.8 million. •Effective June6, 2025, Terra Innovatum determined that the specified funding threshold of the Bridge Package had been met and all of the warrants related to the Bridge Loans containing the Bridge Package provision would be issued at Closing. •Terra Innovatum estimates it will incur interest expense and amortization of debt issuance costs and debt discounts on the Bridge Loans held at amortized cost in the amount of approximately $264.9 thousand and $136.3 thousand, respectively from issuance date through the estimated Closing Date.

133 Additional Information Related to the Unaudited Pro Forma Condensed Combined Financial Information The unaudited pro forma condensed combined financial information has been prepared based on GSR III’s and Terra Innovatum’s historical financial statements as adjusted to give effect to the Closing