Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 13

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 13
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 energy demand is present through its first-of-a-kind reactor SOLO. SOLO is compact yet extremely powerful with one unit generating
1MWe of power, while designed with the strictest safety characteristics and the ability to run 24/7 without the need to refuel for 15
years. Its modular design aims to achieve maximum energy efficiency while significantly reducing the levelized cost of energy (LCOE).
SOLO is built using off-the-shelf components and widely available fuel, low-enriched uranium (“LEU”), which de-risks its
regulatory and commercial pathway. Terra Innovatum aims to commercially deploy SOLO by 2028 to address the growing global demand for
sustainable and reliable energy. For additional information, see “Business”beginning on page 48.

Terra’s headquarters
are located at Via Matteo Trenta 117, Lucca, Italy 55100 and its telephone number is +39 0583 55797.

Completion of Business Combination

On October 9, 2025, we consummated our
previously announced business combination with GSR III, pursuant to the Business Combination Agreement, which contemplated several
transactions and reorganizations through which Terra became the parent of GSR III. Pursuant to the terms of the Business Combination
Agreement, Terra OpCo caused to be formed Terra Innovatum Global s.r.l., an Italian limited liability company (Italian Società a responsabilità limitata) with the same quotaholders in the same ownership percentages as Terra OpCo (“Terra Global”); Terra Global converted into a limited liability company organized under Dutch law, referred to herein as “Terra”;
GSR III was merged with and into Terra MergerCo (a wholly-owned subsidiary of Terra), with GSR III surviving the merger as a wholly
owned subsidiary of Terra (the “Merger” and, together with the other transactions contemplated by the Business
Combination Agreement, the “Business Combination”).

On October 10, 2025,
our Ordinary Shares commenced trading on Nasdaq, under the symbol “NKLR.”

In connection with or upon the Closing, as the
case may be, (i) each issued and outstanding GSR III Share was converted, on a one-for-one basis, into one Terra Share; (ii) the Sponsor
and certain Sponsor Holders were issued an aggregate of 6,232,857 Terra Shares, consisting of (a) 5,750,000 Terra Shares, of