Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 52

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 52
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 and environmental impact evaluations, the construction and operating
license application processes could take longer than currently expected, or a license may not be granted at all, which could materially
and adversely affect our business. Further, the NRC could impose conditions in a license that are not acceptable to us or our customers,
which could materially and adversely affect our business. Any delays, conditions or unexpected requirements may increase costs for us
or our customers and may result in uncertainty regarding the ability to deploy our technology in a predictable way, which may adversely
impact our competitiveness.

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Even if the SOLO is licensed in the United States, we must still obtain approvals on a country-by-country basis to deploy these reactor technologies, which approvals may be delayed or denied or which may require modification to our design.

Even if the SOLO is licensed and/or approved
in the United States, if we are to deploy our technology in other countries, we must first obtain regulatory approvals for our technology
in those countries. The regulatory framework to obtain approvals is complex, varies from country to country, and may involve authorities
on a sub-national or local level. Timelines are likely to be longer for initial deployments of our technology in any jurisdiction, as
regulatory agencies may not be familiar with our technology and how it differs from the technology used in legacy nuclear power facilities.
Moreover, other countries’ approval processes may differ markedly from the NRC process, or they may require that we alter aspects
of our design before providing approval. Denial or delay in approvals abroad could materially and adversely affect our business outside
of the United States.

Our customers could incur substantial costs as a result of violations of, or liabilities under, environmental laws.

The operations and properties of our customers are
subject to a variety of federal, state, local and foreign environmental, health and safety laws and regulations governing, among other
things, air emissions, wastewater discharges, management and disposal of hazardous, non-hazardous and radioactive materials and waste
and remediation of releases of hazardous materials. Although Terra Innovatum’s business is to design and sell technology rather
than to construct and own or operate power plants, we must design our technology so it complies with such laws and regulations. Compliance
with environmental requirements could require our customers to incur significant expenditures or result in significant restrictions on
their operations, and the failure to comply with such laws and regulations, including failing to obtain any necessary permits, could result
in substantial fines or enforcement actions, including regulatory or