Company: NKLR
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001213900-25-111171
Chunk: 30

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-17
Form: 10-Q
Item: Part I, Item 1
Chunk 30
---
 at a conversion price of $7.00 per share.

●Issued bridge warrants to purchase 851,483 ordinary shares
at $11.50 per share and 851,483 ordinary shares at $15.00 per share, each exercisable for 36 months.

●Implemented governance structures including Audit, Compensation,
and Nominating/Corporate Governance Committees.

Conversion of Bridge Loans

Upon the closing of the Merger,
all outstanding bridge loans were converted into an aggregate of 851,483 ordinary shares of Terra Innovatum Global N.V. at a conversion
price of $7.00 per share. In connection with the conversion, the Company issued to the lenders:

●Warrants to purchase up to 851,483 ordinary shares at an
exercise price of $11.50 per share; and

●Warrants to purchase up to 851,483 ordinary shares at an
exercise price of $15.00 per share.

These warrants have a term
of 36 months from the date of issuance and were issued pursuant to the terms of the amended bridge loan agreements.

21

Engagement of Investor Relations and Advisory Services

On October 30, 2025, Terra
Innovatum Global N.V. entered into an agreement with Alliance to provide investor relations and advisory services. Under the terms of
the agreement, Alliance will commence services on November 1, 2025, and the initial term will continue through April 30, 2026, with automatic
annual renewals thereafter unless terminated by either party with 60 days’ notice.

Terra Innovatum Global N.V.
has agreed to pay Alliance a fixed monthly fee of $25, which includes up to 84 hours of services per month allocated as follows:

●Investor relations, public relations and media, capital markets,
and market intelligence: 50 hours for $17

●Social media and communications: 14 hours for $4

●Business development support: 20 hours for $5

In addition, a monthly service
fee of 3% of the monthly fee of $1 for access to market intelligence platforms and other support services.

The agreement also
provides for additional fees for services beyond the scope of the engagement, including special situations such as merger and
acquisition or crisis management.

Engagement of Canaccord Genuity as Capital
Markets Advisor

In October 2025, Terra Innovatum
Global N.V. entered into an agreement with Canaccord Genuity LLC (“CG”) to serve as its