Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 271

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 271
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 - September 30, 2025                               |     | $ |      - |   |

The Company estimated the fair
value of Bridge Package Contingent Warrants using the Black-Scholes option pricing model with the following inputs:

| Warrants:                |     |         |   |
| Expected term (in years) |     |       3 |   |
| Expected volatility      |     |    106% 
  - 108% |   |
| Risk-free interest rate  |     |   3.89% 
 - 4.01% |   |
| Expected dividend yield  |     |       0 | % |

During the periods presented,
the Company has not changed the manner in which it values the liabilities that are measured at estimated fair value using Level 3
inputs. There were no transfers within the hierarchy during the periods presented.

Note 10. Quotaholders’ Deficit

The Company is an Srl., which
is an Italian limited liability company similar to a limited liability company in the United States. Unlike corporations that issue
shares of stock, the Company’s Articles of Incorporation designate ownership in the form of quotas, which represent its corporate
capital.

Corporate Capital

As an Srl., the Company’s
ownership structure is defined by “corporate capital” and “quotas” rather than shares, stock or units. As of
September 30, 2025 and December 31, 2024, the total authorized, subscribed and paid-up capital was $15 and $3, respectively, consisting
of quotas from founders and investors. Voting rights are proportional to the percentage of quotas owned, and members are entitled to
a share of profit and losses based on their ownership percentage.

<div align='center'>F-63</div>

In March 2024, certain
quotaholders transferred portions of their holdings to new and existing quotaholders, resulting in a revised ownership structure. On
June 23, 2025, the Terra Innovatum, Srl. quotaholders, who collectively own 100% of both Terra Innovatum Global, Srl. and Terra
Innovatum, Srl. completed the Contribution, in accordance with their existing ownership percentages in Terra Innovatum, Srl. This Contribution
was executed as part of the pre-closing restructuring related to the Merger. As a result, Terra Innovatum, Srl. became a wholly owned
subsidiary of Terra Innovatum Global, S