Company: NKLR
Filing Date: 2025-09-11
Form Type: S-4/A
Source: 0001213900-25-086741
Chunk: 317

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-11
Form: S-4/A
Chunk 317
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 Sponsor transferred a total of 30,000 GSR III Class B Ordinary Shares to three independent directors (10,000 each) at a purchase price of $0.00438 per share. Additionally, in December 2024, the Sponsor transferred 225,000 GSR III Class B Ordinary Shares to a member of the management team, also at a purchase price of $0.00438 per share. Although the shares were legally transferred in 2024, the awards were subject to a performance condition (the Closing of the Business Combination). As such, in accordance with ASC 718, stock -basedcompensation was not recognized until the Closing, when the performance condition was satisfied. The grant date fair value of the shares was determined to be $0.00438 per share, equal to the amount paid by the recipients. As a result, the total stock -basedcompensation expense recognized was $0, as the fair value of the awards was fully offset by the amount initially received for the purchase of the shares. (g)To reflect the reversal of Terra Innovatum’s historical interest expense of $189.0 thousand for the Bridge Loans for the six months ended June30, 2025, as the unaudited pro forma condensed combined statement of operations for the six months ended June30, 2025 reflects adjustments assuming that the adjustment reflecting the conversion of the Bridge Loans at the Closing that was made to the unaudited pro forma condensed combined balance sheet as of June30, 2025 (see Note3(o)) is assumed to have been made on January1, 2024 for the purpose of adjusting the unaudited pro forma condensed combined statement of operations. (h)The pro forma basic and diluted loss per share amounts attributable to PubCo ordinary shareholders presented in the unaudited pro forma condensed combined statement of operations are based upon the number of PubCo Ordinary Shares outstanding at the Closing, assuming the Closing occurred on January 1, 2024. 150

Pro forma basic and diluted net loss per share attributable to PubCo ordinary shareholders is calculated as follows for the six months ended June30, 2025:

|                                                                                                                                                                                                                                                                                     |     | Six Months Ended 
 June 30, 2025    |            |   |     |             |            |   |
|:------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-----------------|-----------:|:--|:----|:------------|-----------:|:--|
|                                                                                                                                                                                                                                                                                     |     | Assuming No      
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