Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 227

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 227
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 | $ | 230,000,000 |   |
| Less:                                                     |     |   |             |   |
| Proceeds allocated to public rights                       |     |   |  (4,107,143 | ) |
| Allocation of offering costs related to redeemable shares |     |   | (10,885,942 | ) |
| Plus:                                                     |     |   |             |   |
| Accretion of carrying value to redemption value           |     |   |  14,993,085 |   |
| Ordinary shares subject to possible redemption            |     | $ | 230,000,000 |   |
| Plus:                                                     |     |   |             |   |
| Subsequent measurement of ordinary                        
 shares subject to possible redemption                     |     |   |   1,412,096 |   |
| Ordinary shares subject to possible redemption            |     | $ | 231,412,096 |   |

Net Income (Loss) Per Ordinary Share

The Company complies with the
accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share”. Net income (loss) per ordinary share
is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding for the period. Accretion associated
with the redeemable ordinary shares is excluded from net income (loss) per ordinary share as the redemption value approximates fair value.

The calculation of diluted
income (loss) per ordinary share does not consider the effect of the rights issued in connection with the Initial Public Offering and
the Private Units since the exercise of the units is contingent upon the occurrence of future events. As of December 31, 2024 and 2023,
the Company did not have any dilutive securities or other contracts that could, potentially, be exercised or converted into ordinary
shares that then share in the earnings of the Company. As a result, diluted net income (loss) per ordinary share is the same as basic
net income (loss) per ordinary share for the periods presented.

The following table reflects
the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except share amounts):

|                                                |     | For the Year      
 Ended             
 December 31, 2024 |           |   |     |            |           |   |     | For the Period      
 from                
 May 10, 2023        
 (Inception) through 
 December 31, 2023   |