Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 198

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 198
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 of 15% or more of the Class A ordinary shares sold in the Initial Public Offering, without the prior consent of the Company.

Completion Window

If the Company is unable to complete an initial Business Combination
within the 18 or 21-month period, it may seek an amendment to amended and restated memorandum and articles of association to extend the
period of time to complete an initial Business Combination beyond 21 months. The Company’s amended and restated memorandum and
articles of association requires at least a special resolution of shareholders as a matter of Cayman Islands law, meaning that such an
amendment be approved by at least two-thirds of ordinary shares who, being entitled to do so, attend and vote (either in person or by
proxy) at a general meeting of the company. If the Company seeks shareholder approval to extend beyond the 21-month period in which to
complete an initial Business Combination to a later date, the Company is required to offer public shareholders the right to have their
public ordinary shares redeemed for a pro rata share of the aggregate amount then on deposit in the trust account, including interest
(less permitted withdrawals and up to $100,000 of interest to pay dissolution expenses). There are no limitations to the number of times
that the Company may seek shareholder approval or that shareholders may approve to extend beyond the 21-month period in which to complete
a Business Combination at a later date. If the initial Business Combination is not completed in the period provided, the membership interests
of the Sponsor become worthless.

Going Concern Consideration

In connection with the Company’s assessment of going concern
considerations in accordance with Financial Accounting Standard Board’s Accounting Standards Codification 205-40, “Presentation
of Financial Statements - Going Concern,” we have determined that mandatory liquidation, should we not complete a Business Combination
and an extension of our deadline to do so not be approved by the shareholders of the Company, and potential subsequent dissolution and
the liquidity issue raise substantial doubt about the Company’s ability to continue as a going concern if it does not complete
a Business Combination.

As of September 30, 2025, the Company had $465,946 in its operating
bank account and working capital deficit of $1,992,442. The Company has incurred and expects to incur significant costs to operate as
a publicly traded company, to evaluate business opportunities, and to close on a Business Combination. Such costs will be incurred prior
to generating any operating revenues. These factors also raise substantial doubt about the