Company: NKLR
Filing Date: 2025-12-09
Form Type: S-1/A
Source: 0001213900-25-119411
Chunk: 234

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-09
Form: S-1/A
Chunk 234
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agon”). The agreement outlines a time-and-materials agreement for engineering study and support related to SOLO. Paragon will provide services including defining and documenting reactor protection systems, engineered safety features actuation systems and nuclear instrumentation system requirements, developing specifications, and collaborating with ABB Ltd. on non-safety distributed control systems. The contract allows the Company to suspend work if cost expectations for FOAK and commercial units are misaligned. For the three and nine months ended September 30, 2025, the Company has incurred $ 51in fees. Senior Advisor Agreement On August 21, 2025, the Company entered into a senior advisor agreement with Alex Spiro who will engage as an independent contractor to serve as a strategic advisor and promoter for the Company, particularly in connection with the Merger. The term of the agreement is 36 months and outlines Spiro’s responsibilities, including strategic advisory, business development, investor introductions, and support for commercial agreements related to SOLO. Compensation includes a one-time grant of 180,000restricted shares in the post-combination public entity (vesting over 36 months) and 1% commission on qualifying new business he originates.

Note 6. Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following:

|                                                 |     |   | September 30, 
          2025 |     |   | December 31, 
         2024 |
|:------------------------------------------------|:----|:--|--------------:|:----|:--|-------------:|
| Value added tax                                 |     | $ |           259 |     | $ |            - |
| Prepaid expenses                                |     |   |           122 |     |   |           63 |
| Tax receivables                                 |     |   |             - |     |   |            2 |
| Other                                           |     |   |             4 |     |   |            - |
| Total prepaid expenses and other current assets |     | $ |           385 |     | $ |           65 |

Note 7. Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following:

|                                                      |     |   | September 30, 
          2025 |     |   | December 31, 
         2024 |
|:-----------------------------------------------------|:----|:--|--------------:|:----|:--|-------------:|
| Deferred payable                                     |