Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 294

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 294
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 conversion, the Company
issued to the lenders:

| ● | Warrants to purchase up to 851,483 ordinary shares at an exercise price of $11.50 per share; and |

| ● | Warrants to purchase up to 851,483 ordinary shares at an exercise price of $15.00 per share. |

These warrants have a term of 36 months from the
date of issuance and were issued pursuant to the terms of the amended bridge loan agreements.

<div align='center'>F-66

Terra Innovatum Global, Srl.
Notes to the Consolidated Financial Statements
(Unaudited)</div>

Note 14. Subsequent Events(cont.)

Senior Advisor Agreement

On August 21, 2025, the Company entered into a senior
advisor agreement with Alex Spiro who will engage as an independent contractor to serve as a strategic advisor and promoter for the Company,
particularly in connection with the Merger. The term of the agreement is 36 months and outlines Spiro’s responsibilities, including
strategic advisory, business development, investor introductions, and support for commercial agreements related to SOLO. Compensation
includes a one-time grant of 180,000 restricted shares in the post-combination public entity (vesting over 36 months) and 1% commission
on qualifying new business he originates.

GSR III Cayman Merger Sub

In September 2025, the Company established GSR
III Cayman Merger Sub as an exempted company under the laws of the Cayman Islands. The formation was executed to support the transactions
contemplated in the merger agreement (the “Merger Agreement”) entered into on April 21, 2025, by Terra Innovatum, Srl.,
GSR III, and other parties (also see Note 5 — Commitments and Contingencies), making GSR III Cayman Merger Sub a
wholly-owned subsidiary of the Company.

Advisory Engagement with B. Riley Securities

In September 2025, the Company entered into an
agreement with B. Riley Securities, Inc. (“B. Riley”) to serve as its financial advisor in connection with the Company’s
business combination and transition to a public company. The engagement commenced retroactively on August 19, 2025, and is set for a 12-month
term, subject to termination by either party with 10 days’ written notice.

Under the terms of the agreement, the Company
agreed to pay B. Riley the following