Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 3

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 3
---
 held by certain members of GSR III Sponsor LLC, a Delaware limited liability company (the “Sponsor”)
(including the three prior independent directors of GSR III) and certain other former holders of GSR III Class B Shares (such holders,
collectively with the Sponsor, the “Sponsor Holders”) following the consummation of the Business Combination (the “Closing”);
(b) 47,500,000 Terra Shares issued to the legacy Terra OpCo quotaholders (such quotaholders, including members of Terra’s management,
the “Management Holders”) upon the Closing; (c) 80,000,000 Terra Shares issuable to the Management Holders following
the mandatory conversion of 8,000 Terra Preferred Shares held by them, upon Terra’s achievement of four time-vested, performance-based
conversion milestones (the “Conversion Milestones”) (see “Unaudited Pro Forma Condensed Combined Financial Information—Additional Shares—Terra Innovatum Global Quotaholders” for more information on the Conversion Milestones
applicable to such Terra Preferred Shares); (d) Terra Shares issued or issuable to the Advisor Holders (as defined herein), inclusive
of (x) 223,000 Terra Shares issued to the Advisor Holders upon the Closing of the Business Combination, (y) 400,000 Terra Shares issuable
to the Advisor Holders following the mandatory conversion of 40 Terra Preferred Shares held by them, upon Terra’s achievement of
the same Conversion Milestones indicated above; (e) 851,483 Terra Shares converted from the principal and accrued interest on the Bridge
Loans (such shares, “Bridge Shares”); and (f) 3,683,500 Terra Shares issued in the PIPE Financing (the “PIPE Shares”).

Our registration of the Resale
Securities covered by this registration statement does not mean that the Selling Securityholders will offer or sell any of the Resale
Securities. The Selling Securityholders may sell the Resale Securities covered by this registration statement in a number of different
ways and at varying prices. For additional information on the possible methods of sale that may be used by the Selling Securityholders,
you should refer to the section of this registration statement titled “Plan of Distribution” beginning on page 108
of this registration statement.

We will not receive any of
the proceeds from the resale of the Resale Securities sold by the Selling Securityholders except with respect to amounts received by
the Company upon