Company: NKLR
Filing Date: 2025-06-26
Form Type: S-4/A
Source: 0001213900-25-058019
Chunk: 94

Company: Terra Innovatum Global N.V.
Filing Date: 2025-06-26
Form: S-4/A
Chunk 94
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| Value of PubCo upon Closing of the Business Combination                          |     | $           | 809,755,750 |     | $           | 694,755,750 |     | $           | 613,948,390 |

The following table illustrates potential sources of additional dilution under each scenario that may occur:

|                                                  |     |    Assuming 
          No 
 Redemptions 
   Into Cash |     |    Assuming 
          No 
 Redemptions 
   Into Cash |     |    Assuming 
     Maximum 
 Redemptions 
   Into Cash |
| Terra Innovatum Quotaholder additional shares(1) |     |  80,000,000 |     |  80,000,000 |     |  80,000,000 |
| PAC warrant(2)                                   |     |   1,000,000 |     |   1,000,000 |     |   1,000,000 |
| PAC additional shares(3)                         |     |     400,000 |     |     400,000 |     |     400,000 |
| Bridge Loan warrants(4)                          |     |     960,794 |     |     960,794 |     |     960,794 |
| Total potentially dilutive PubCo Ordinary Shares |     |  82,360,794 |     |  82,360,794 |     |  82,360,794 |

____________ (1)Upon the effective time of the Merger, legacy Terra Innovatum Quotaholders will be issued 8,000 PubCo Preferred Shares, which will be classified as an equity linked instrument and not an outstanding share. These shares will mandatorily convert into shares of PubCo Ordinary Shares in four tranches subsequent to the Closing, subject to PubCo meeting certain contingencies, at a conversion ratio of 10,000 PubCo Ordinary Shares per PubCo Preferred Share. This results in potential dilution in the amount of PubCo Ordinary Shares of 80,000,000. (2)Represents 1,000,000shares of PubCo Ordinary Shares potentially issuable to PAC upon the exercise of a warrant issued on the Closing of the Business Combination (3)Upon the effective time of the Merger, PAC will be issued 40 PubCo Preferred Shares, which will be classified as an equity linked instrument and not an outstanding share. These shares will mandatorily convert into shares