Company: NKLR
Filing Date: 2025-09-11
Form Type: S-4/A
Source: 0001213900-25-086741
Chunk: 216

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-11
Form: S-4/A
Chunk 216
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 which would otherwise require a reconciliation of a non -GAAPfinancial measure to a GAAP financial measure. Accordingly, no reconciliation of the financial measures included in the Unit Economics was prepared, and therefore none have been provided in this proxy statement/prospectus. The definitions of the non -GAAPmeasures included in the Unit Economics may not align with those underlying the non -GAAPmeasures presented in “ Terra Innovatum’s Management’s Discussion and Analysis of Financial Condition and Results of Operations.” The key assumptions for the expected nth -of-a-kind(“ NOAK”) unit economics of the 1 MWe SOLO nuclear reactor include: • Expected Life of SOLO.Each SOLO will have a 45 -yeardesign life. • Sale of SOLO.Each SOLO is expected to be sold to customers for an initial cost of $17.5million. • Service Revenue.Customers will be charged an annual maintenance fee of $100,000 for each SOLO. • Non -Fuel Costs.The non -fuelcosts for, including capital costs, balance of plant, contingency and transportation costs, are expected to be $8.0million. • Fuel Costs: •Each SOLO will require an initial fuel load costing approximately $3.5million. •Each SOLO will require a refueling load every 15 years over the 45 -yearplant design life, with each refueling load costing approximately $3.5million, and non -fuelcosts associated with the refueling costing $2.5million. • Operating Costs:For each SOLO, Terra Innovatum will incur annual maintenance expenses of $50,000. 84 • Deployment Assumption:These NOAK unit economics are assumed at the one -thousandthunit produced. Forecast of SOLO 1 MWe Illustrative Unit Economics (First 15 years) (1) ($ are in millions) ____________ (1)The unit economics of the 1 MWe SOLO nuclear reactor are presented as of April 2025, and future periods are not adjusted for inflation. The unit economics of the 1 MWe SOLO nuclear reactor provided herein are for illustrative purposes only. Actual operating costs and revenues of the 1 MWe SOLO nuclear reactor are subject to change based upon how Terra Innovatum’s business develops and such changes may be significant and differ materially from those estimates provided herein. The unit economics of the 1 MWe SOLO nuclear reactor assume all regulatory approvals have been obtained on expected timelines. The