Company: NKLR
Filing Date: 2025-10-02
Form Type: 424B3
Source: 0001213900-25-095492
Chunk: 3

Company: Terra Innovatum Global N.V.
Filing Date: 2025-10-02
Form: 424B3
Chunk 3
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 Lenders following the business combination (i) warrants to purchase at an exercise price of $11.50 per share the number of PubCo Ordinary Shares equal to 100% of the number of PubCo Ordinary Shares into which the applicable Bridge Loan will convert into at Closing and (ii) warrants to purchase at an exercise price of $15.00 per share the number of PubCo Ordinary Shares equal to 100% of the number of PubCo Ordinary Shares into which the applicable Bridge Loan will convert into at Closing. Liability classified warrants were issued with certain terms dependent on whether a specified funding threshold is met, exercisable for 376,908 PubCo Ordinary Shares. Further, equity classified warrants were issued, 1

which are exercisable for 583,886 PubCo Ordinary Shares at $11.50 or $15.00 per share will be issued upon Closing to certain lenders. The financial impact of these Bridge Loans including the shares that would be issued upon conversion or upon the exercise of Warrants was reflected in the proxy statement/prospectus. Subsequent to the mailing of the proxy statement/prospectus, Terra Innovatum entered into two additional Bridge Loans for additional aggregate proceeds of $560.0 thousand. These additional Bridge Loans would result in the issuance of an additional 80,514 PubCo Ordinary Shares upon conversion. Warrants to purchase an additional 161,028 PubCo Ordinary Shares were also issued. Set forth below are updated pro forma stock ownership tables that reflect the additional shares to be outstanding at Closing as well as the additional dilutive securities that will be outstanding. These tables replace the tables set forth on the Cover Page and pages 2 – 4. The following table illustrates the estimated ownership levels in PubCo immediately following the consummation of the Business Combination under redemption scenarios, excluding the potential dilutive effects of (i) the additional shares for Terra Innovatum Global Quotaholders and PAC upon conversion of PubCo’s Preferred Shares, (ii) the potentially issuable additional shares for PAC, Bridge Loan lenders, and PIPE Subscribers underlying the warrants to be issued at Closing, (iii) potentially issuable PubCo Ordinary Shares to independent contractors underlying stock options and restricted stock, and (iv) potentially issuable PubCo Ordinary Shares underlying the equity awards authorized under the Equity Incentive Plan in all scenarios below:

|                                                                         |     |           Assuming No 
 Redemptions Into Cash |      |     |           |   |     |          Assuming 50% 
 Redemptions Into Cash |      |