Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 201

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 201
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F-10</div>

Cash and Cash Equivalents

The Company considers all short-term investments with an original
maturity of three months or less when purchased to be cash equivalents. As of September 30, 2025 and December 31, 2024, the Company had
$465,946 and $1,787,033 in cash, respectively. The Company did not have any cash equivalents as of September 30, 2025 or December 31,
2024.

Cash and Investments Held in Trust Account

As of September 30, 2025 and December 31, 2024, the Company had $238,741,710
and $231,412,096 in cash and investments held in the trust account, respectively, comprised of money market funds that invest in U.S.
government securities. Investments in money market funds are presented on the balance sheets at fair value at the end of each reporting
period. Earnings on investments held in the Trust Account are included in interest and dividends earned on investments held in the Trust
Account in the statement of operations. The estimated fair value of cash and investments held in the Trust Account is determined using
available market information.

Concentration of Credit Risk

Financial instruments that potentially subject the Company to concentrations
of credit risk consist of a cash account in a financial institution, which, at times, may exceed the Federal Deposit Insurance Corporation
coverage limit of $250,000. Any loss incurred or a lack of access to such funds could have a significant adverse impact on the Company’s
financial condition, results of operations, and cash flows. As of September 30, 2025 and December 31, 2024, the Company has not experienced
losses on these accounts.

Fair Value Measurements

The Company follows the guidance in ASC 820, “Fair Value Measurement,”
for its financial assets and liabilities that are re-measured and reported at fair value at each reporting period, and non-financial
assets and liabilities that are-measured and reported at fair value at least annually.

Fair value is defined as the price that would be received for sale
of an asset or paid for transfer of a liability, in an orderly transaction between market participants at the measurement date. GAAP
establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest
priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority
to un