Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 282

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 282
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, the Company has had
no operations. As of April 29, 2025, the Company had an aggregate cash balance of $11,396.

These factors raise substantial doubt regarding
the Company’s ability to continue as a going concern within one year of the date these financial statements were issued.

The Company is trying to alleviate the going
concern risk through the debt and equity financing in the United States (“U.S.”) capital market to support its
working capital after a merger transaction. However, there is no guarantee that the substantial doubt about the Company’s
ability to continue as a going concern will be alleviated. The ability of the Company to continue as a going concern is dependent
upon the Company’s ability to further implement its business plan and generate sufficient revenue and its ability to raise additional
funds.

These accompanying financial statements have
been prepared assuming that the Company will continue as a going concern and do not include any adjustments that might result from the
outcome of this uncertainty.

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Recent Accounting Standards and Pronouncements

Management does not believe that any recently
issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial
statement.

Basis of accounting

The accompanying financial statements have been
prepared in accordance with U.S. generally accepted accounting principles (“GAAP”).

Use of estimates

The preparation of the accompanying financial
statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts and
disclosures of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during
the reporting period. Estimates are adjusted to reflect actual experience when necessary. There were no significant estimates as of April 29,
2025.

Foreign Currency Translation

The Company’s reporting currency is the
United States Dollar (“US$”), while its functional currency is the Euro (“€”), which it uses for conducting
business and maintaining its books and records. The accompanying financial statements are presented in US$.

In accordance with ASC 830-30, Translation
of Financial Statements, the Company translates assets and liabilities from its functional currency into US$ using the exchange rate
at the balance sheet date. Revenues and expenses are translated at the average exchange rate for the reporting period. Translation gains
and losses are recorded as a separate component of accumulated other comprehensive income (AOCI) within the statements of changes in
quotaholders’ equity.

Net loss