Company: NKLR
Filing Date: 2025-06-26
Form Type: S-4/A
Source: 0001213900-25-058019
Chunk: 93

Company: Terra Innovatum Global N.V.
Filing Date: 2025-06-26
Form: S-4/A
Chunk 93
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i) a decrease to net tangible book value for expected and actual GSR III transaction and other costs to be incurred subsequent to March 31, 2025 and paid on or before the Closing Date of $1.4 million, and (ii) a decrease in net tangible book value in the amount of $300.0 thousand for the expected payment of the premium of directors’ and officers’ tail insurance policy on the Closing Date. (5)GSR III Public and Private Placement Rights will convert on a one -for - one-basisinto GSR III Class A Ordinary Shares immediately prior to the Closing.

12

The following table illustrates what the valuation of PubCo would need to equal in order for non -redeemingshareholders’ interest per share to equal the $10.00 price per share for GSR III’s IPO under each redemption scenario below:

|                                                                                  |     | Assuming    
 No          
 Redemptions 
 Into Cash   |             |     | Assuming    
 50%         
 Redemptions 
 Into Cash   |             |     | Assuming    
 Maximum     
 Redemptions 
 Into Cash   |             |
| PubCo Ordinary Shares held by Terra Innovatum Quotaholders                       |     |             |  47,500,000 |     |             |  47,500,000 |     |             |  47,500,000 |
| PubCo Ordinary Shares held by GSR III public shareholders                        |     |             |  26,285,714 |     |             |  14,785,714 |     |             |   6,704,978 |
| PubCo Ordinary Shares held by Sponsor and related parties of Sponsor             |     |             |   6,232,857 |     |             |   6,232,857 |     |             |   6,232,857 |
| PubCo Ordinary Shares held by unrelated third parties                            |     |             |     957,004 |     |             |     957,004 |     |             |     957,004 |
| Total PubCo Ordinary Shares outstanding upon Closing of the Business Combination |     |             |  80,975,575 |     |             |  69,475,575 |     |             |  61,394,839 |
| GSR III IPO price                                                                |     | $           |       10.00 |     | $           |       10.00 |     | $           |       10