Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 249

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 249
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 shares of stock, the
Company’s Articles of Incorporation designate ownership in the form of quotas, which represent its corporate capital.

Corporate Capital

As an Srl., the Company’s ownership structure
is defined by “corporate capital” and “quotas” rather than shares, stock or units. As of December 31, 2024
and 2023, the total authorized, subscribed and paid-up capital was $3,160, consisting of quotas from founders and investors. Voting rights
are proportional to the percentage of quotas owned, and members are entitled to a share of profit and losses based on their ownership
percentage.

In March 2024, certain quotaholders transferred
portions of their holdings to new and existing quotaholders, resulting in a revised ownership structure. No additional contributions
or quota issuance have occurred during the year ending December 31, 2024. The transfer of quotas is subject to member approval,
as outlined in the Company’s articles of incorporation. No dividends or distributions were declared for the year, in accordance
with Italian regulations for early-stage “start-up innovative” companies.

Note 10. Segment Information

When evaluating the Company’s performance
and making key decisions regarding resource allocation the CODM reviews several key metrics, which include the following:

|                                     |     | Years Ended  
 December 31, |    2024 |     |   |   2023 |
|:------------------------------------|:----|:-------------|--------:|:----|:--|-------:|
| General and administrative expenses |     | $            |  77,567 |     | $ |  2,358 |
| Development costs                   |     |              |  74,736 |     |   | 41,344 |
| Total operating                     
 expenses                            |     | $            | 152,303 |     | $ | 43,702 |

<div align='center'>F-48

Terra Innovatum, Srl.
Notes to the Financial Statements</div>

Note 11. Income Taxes

The key measures of segment profit or loss reviewed
by the CODM are general and administrative expenses and development costs. General and administrative expenses and development costs
are reviewed and monitored by the CODM to manage cash to ensure enough capital is available to complete a potential business combination
with a SPAC. The CODM also reviews general and administrative and development costs to manage, maintain and enforce all contractual
agreements to ensure costs are aligned with all agreements and