Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 292

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 292
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 Conversion Period, the vesting of any of Vesting Sponsor Shares has not occurred, then the applicable Vesting Sponsor Shares that failed to vest will be automatically forfeited and transferred to PubCo for no consideration. The table below presents the exchange of Terra Innovatum Global quotas for PubCo Ordinary Shares that is expected to occur upon the Conversion:

| Terra Innovatum Global quotas      
 outstanding as of June 30, 2025(1) |     | Common Conversion Ratio(2) |     |         Estimated PubCo Ordinary 
 Shares issued to Terra Innovatum 
 Global Quotaholders upon Closing |
| 100                                |     |                    475,000 |     |                       47,500,000 |

____________ (1)Represents quotas held by legacy Terra Innovatum Global Quotaholders. (2)Represents the Per Quota Common Conversion Amount divided by $10.00. Bridge Loan Financing •In August 2025, Terra Innovatum signed three debt note subscription agreements for cash proceeds of $130.0 thousand. The Bridge Loans bear an interest rate of 15.00% per annum, payable in kind (“PIK”) calculated on the outstanding principal balance. The principal and accrued interest on the Bridge loans are convertible into PubCo Ordinary Shares at the Closing at a conversion price of $7.00 per share. In connection with the Bridge Loans Terra Innovatum committed to issue to the Bridge Loan Lenders (i) warrants to purchase at an exercise price of $11.50 per share the number of PubCo Ordinary Shares equal to 100% of the number of PubCo Ordinary Shares into which the applicable Bridge Loan will convert into at Closing and (ii) warrants to purchase at an exercise price of $15.00 per share for the number of PubCo Ordinary Shares equal to 100% of the number of PubCo Ordinary Shares into which the applicable Bridge Loan will convert into at Closing. Other Material Events •Total actual and expected dividends on investments held in the Trust Account subsequent to June30, 2025 through the estimated Closing Date of September30, 2025 are estimated to be $2.4 million. •In August 2025, for certain lenders (“the lenders”), Terra Innovatum amended the terms of their outstanding Bridge Loan agreements including the terms of the associated warrant commitments. For the existing warrant commitments having an exercise price of $11.50 per share, the amendments increased the number of shares underlying such warrants to equal 100% of the shares issuable upon conversion of the Bridge