Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 65

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 65
---
 inaccurate or unfavorable research, Terra’s stock price and trading volume could decline.

The trading market for the ordinary shares of Terra
will depend in part on the research and reports that analysts publish about its business. Terra does not have any control over these
analysts. If one or more of the analysts who cover Terra downgrade its ordinary shares or publish inaccurate or unfavorable research
about its business, the price of its ordinary shares would likely decline. If few analysts cover Terra, demand for its ordinary shares
could decrease and its ordinary shares price and trading volume may decline. Similar results may occur if one or more of these analysts
stop covering Terra in the future or fail to publish reports on it regularly.

Terra may be subject to securities litigation, which is expensive and could divert management attention.

The market price of Terra Ordinary Shares may be
volatile and, in the past, companies that have experienced volatility in the market price of their stock have been subject to securities
class action litigation.

Terra may be the target of this type of litigation
in the future. Securities litigation against Terra could result in substantial costs and divert management’s attention from other
business concerns, which could seriously harm its business.

Future resales of Terra Ordinary Shares after the consummation of the Business Combination may cause the market price of Terra’s securities to drop significantly, even if Terra’s business is doing well.

Pursuant to the Registration Rights Agreement,
subject to certain exceptions, the Sponsor and the Management Holders are contractually restricted from selling or transferring any of
its ordinary shares. Such restrictions began at Closing and end on the following terms: (i) for the Lock-Up Shares held by the Management
Holders (the “Terra Lock-Up Shares”) and (ii) for the Sponsor Lock-Up Shares, (a) 25% of the Terra
Lock-Up Shares and Sponsor Lock-Up Shares shall be released upon the earlier of the Terra Trading Price being greater than $12.00 or
Terra issuing its first quarterly earnings release that occurs at least 120 days after the Closing, (b) an additional 25% of
the Terra Lock-Up Shares and Sponsor Lock-Up Shares shall be released upon the earlier of the Terra Trading Price being greater than
$14.00 or Terra issuing its second quarterly earnings release that occurs at least 120 days after the Closing, (c) a further
25% of the Terra Lock-Up Shares and Sponsor Lock-Up Shares shall be released upon the earlier of the Terra Trading Price being greater
than $16