Company: NKLR
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001213900-25-063846
Chunk: 206

Company: Terra Innovatum Global N.V.
Filing Date: 2025-07-15
Form: S-4/A
Chunk 206
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 overall financial performance, as such analysis relates exclusively to a 1 MWe SOLO nuclear reactor and not to the entire Terra Innovatum business model. Furthermore, the Unit Economics do not take into account any circumstances or events occurring after the date on which such Unit Economics were prepared, which was April8, 2025. The Unit Economics were prepared in good faith by Terra Innovatum’s management team and are based on its management’s reasonable estimates and assumptions with respect to the expected performance of a 1 MWe SOLO nuclear reactor at the time the Unit Economics were prepared and speak only as of that time. As such, the Unit Economics do not reflect any updates since the time such Unit Economics were delivered to the GSR III board of directors. The Unit Economics reflect numerous estimates and assumptions with respect to matters specific to Terra Innovatum’s business, the 1 MWe SOLO nuclear reactor, and general matters, including estimates and assumptions with respect to industry -widebusiness, economic, regulatory, market and financial conditions and other future events, all of which are difficult to predict and many of which are beyond Terra Innovatum’s and GSR III’s control. In particular, the cost estimates shown in the Unit Economics were based on Terra Innovatum’s April 2025 estimates. Moreover, the Unit Economics are not subject to any escalation or discounting. The time at which the assumptions underlying the Unit Economics will be realized, if at all, is highly uncertain. As a result, there can be no assurance that the Unit Economics will be realized. Because the Unit Economics cover multiple years, such information by its nature becomes less predictive with each successive year. These Unit Economics are subjective in many respects and thus are susceptible to multiple interpretations and periodic revisions based on actual experience and business developments. The Unit Economics have been prepared solely by Terra Innovatum, have not been reviewed or verified by independent third parties and do not reflect cost quotes from potential vendors. Information provided in the Unit Economics constitutes forward -lookingstatements that are inherently subject to significant uncertainties and contingencies, many of which are beyond Terra Innovatum’s and GSR III’s control. The various risks and uncertainties include those set forth in the section entitled “ Risk Factors” beginning on page 23 of the proxy statement/prospectus. The Unit Economics included in this proxy statement/prospectus have been prepared by, and are the responsibility of, Terra Innovatum’s management. Neither the independent registered public accounting firms of Terra Innovatum or GSR III, nor any other registered public accounting firms, have