Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 77

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 77
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 fees
to Alliance.

Paragon

On June 17, 2025, we entered into an engineering
services agreement with Paragon Energy Solutions (“Paragon”). The agreement outlines a time-and-materials agreement for engineering
study and support related to SOLO. Paragon will provide services including defining and documenting reactor protection systems, engineered
safety features actuation systems and nuclear instrumentation system requirements, developing specifications, and collaborating with ABB
Ltd. on non-safety distributed control systems. The hourly rate for engineering services is $257/hr. The contract allows us to suspend
work if cost expectations for FOAK and commercial units are misaligned.

Engineering Services Agreement

On July 11, 2025, we entered into an engineering
services agreement with Nine, a related party, to support the design of the SOLO project. Per the terms of the agreement, Nine committed
to deliver certain technical services to the Company with a total value of $214,563 (€183,560 Euros) plus value added tax (“VAT”),
including an initial payment of $131,168 (€111,972 Euros) that was paid in September 2025.

FPoliSolutions LLC Agreement

On July 23, 2025, we entered into an engineering
services agreement with FPoliSolutions LLC (FPoli Solutions), a related party. As per the terms of the agreement, FPoliSolutions will
provide support for the development of the SOLO Micro Modular Reactor including technical assistance in safety analysis, hazard modeling,
radiological consequence evaluation, risk-informed safety assessments, and techno-economic analysis. The work was completed and we paid
$150,000 in September 30, 2025.

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Q3 2025 Bridge Loans

In August and September 2025, multiple lenders committed
to loan $690,000 to the Company, in the aggregate, to be evidenced by unsecured debt note subscription agreements (the “Q3 2025
Bridge Loans”). In August and September 2025, each of the lenders entered into an unsecured debt note subscription agreement. In
accordance with the terms of the agreements, the Q3 2025 Bridge Loans bear interest at a fixed annual rate of 15%, PIK and calculated
on the outstanding principal balance. The Q3 2025 Bridge Loans mature one year from their respective issuance dates and are subject to
mandatory early redemption upon the consummation of a qualifying