Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 252

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 252
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2025, the Company entered into a
lease agreement with Nine Nuclear and Industrial Engineering S.R.L., a related party, to sublease three office rooms from a property
unit located in Lucca, Sorbano del Giudice, Via della Chiesa XXXII n. 759. The three office rooms will be used exclusively for professional
office purposes and related activities. The term of the lease agreement is 24 months starting from April 1, 2025 and ending on March
31, 2027. Each party may withdraw from the lease agreement at any time before the expiration date of the contract. The rent is €11,400
($12,320 USD) per annum, €950 ($1,027 USD) per month plus €50 ($54 USD) monthly as a flat-rate reimbursement for utilities
and cleaning costs (the “Lease Fee”), with the total monthly amount to be paid no later than the 10th of each month. The
Lease Fee will be updated annually by 75% of the variation in the official consumer price indices for worker and employee families as
determined by the Italian Statistics Day (“ISTAT”) in the previous year and subsequently year by year, with the first update
taking effect on April 1, 2026. The lease agreement is subject to VAT according to Italian tax regulations.

Merger

Background

On April 21, 2025, Terra, GSR III,
and such other parties that may become parties entered into a merger agreement (the “Merger Agreement”). The following are
the transactions contemplated in the Merger Agreement:

Pre-Closing Restructuring

Terra has undergone and will undergo a pre-closing
restructuring (the “Terra Pre-Closing Restructuring”):

| ● | Contribution                                                                               
 of Ownership Interests:  Following the formation of Terra Global, all                      
 owners of Terra will contribute 100% of their respective quotas in the capital of Terra to 
 Terra Global (the “Contribution”). As a result of the Contribution, Terra will             
 become a wholly owned subsidiary of Terra Global.                                          |

| ● | Conversion:  Immediately                                                                  
 after the Contribution and before any PIPE or alternative financing, Terra Global will be 
 converted from an Italian limited liability company into a Dutch public limited company.  |

Formation of Terra MergerCo

After the Terra Pre-closing Restructuring, Terra
Global will form a Cayman Islands exempted company (“Terra MergerCo”)