Company: NKLR
Filing Date: 2025-10-02
Form Type: 424B3
Source: 0001213900-25-095492
Chunk: 44

Company: Terra Innovatum Global N.V.
Filing Date: 2025-10-02
Form: 424B3
Chunk 44
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 |     | Katherine Williams                        |

32 BENEFICIAL OWNERSHIP Beneficial Ownership of PubCo Subsequent to the date of mailing of the proxy statement/prospectus, on September26, 2025, Alessandro Petruzzi and Marco Cherubini, executed a public deed of trust, pursuant to which they transferred their respective quotas in Terra Innovatum Global, S.R.L. (and the PubCo Ordinary Shares and Preferred Shares to be received in exchange) to NINENG S.R.L., a holding company jointly owned by them. As a result, upon the closing of the Business Combination, NINENG S.R.L. will own 25,840,000 PubCo Ordinary Shares and 4,352 Preferred Shares. Messrs. Petruzzi and Cherubini are the sole members and directors of NINENG S.R.L., and will equally share voting and dispositive power over the PubCo Ordinary Shares. The updated Beneficial Ownership table below reflects that NINENG S.R.L., will be the record holder of the PubCo Shares and each of Messrs. Petruzzi and Cherubini will be the beneficial holders of the PubCo Ordinary Shares held by NINENG S.R.L. The number of shares owned was not affected. The beneficial ownership table on page 244 and the notes thereto are replaced with the following: The following table sets forth information regarding the expected beneficial ownership of shares of PubCo Ordinary Shares immediately following consummation of the Business Combination by: •each person who is expected to be the beneficial owner of more than 5.0% of PubCo Ordinary Shares post -BusinessCombination; •each person who is expected to become an executive officer or director of PubCo post -BusinessCombination; and •all executive officers and directors of PubCo as a group post -BusinessCombination. Beneficial ownership is determined according to the rules of the SEC, which generally provide that a person has beneficial ownership of a security if he, she or it possesses sole or shared voting or investment power over that security, including options and warrants that are currently exercisable or exercisable within 60 days. The expected beneficial ownership of shares of PubCo post -BusinessCombination assumes three redemption scenarios: •No Redemption Scenario: This scenario assumes that no holders of GSR III Class A Ordinary Shares subject to possible redemption exercise their right to have their GSR III Class A Ordinary Shares redeemed for their pro rata share of the Trust Account. •50% Redemption Scenario: This scenario