Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 338

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 338
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                           |     16,964 |   |     |      |  (1,461 | ) |     |            |     18,425 |   |     | NM         |    |
| Total comprehensive (loss) income                 |     | $                         | (2,576,216 | ) |     | $    |  18,396 |   |     | $          | (2,594,612 | ) |     | NM         |    |

Operating Expenses General and administrative General and administrative increased by $3,514,717 for the six months ended June 30, 2025 compared to the same period in 2024 primarily due to an increase of $1,585,373 due to fees for legal services, an increase of $655,786 due to fees for audit and accounting services, an increase $350,364 due to fees for management consultancy services, an increase of $266,478 due advisory fees in connection with the potential SPAC transaction discussed in the “Business Combination and Public Company Costs” section above, an increase of $226,799 due to board of directors compensation, an increase of $105,743 due to fees for public relations consultancy services, an increase of $90,780 thousand due to software expenses, an increase of $46,210 thousand in food and lodging expenses, and $187,184 of miscellaneous expenses. We expect to continue to incur additional general and administrative expenses as a result of operating as a public company, including expenses related to compliance with the rules and regulations of the SEC and Nasdaq Stock Market, additional insurance costs, investor relations activities and other administrative and professional services. As a result, we expect general and administrative expenses to increase in absolute dollars in future periods. Development costs Development costs increased by $51,241 for the six months ended June 30, 2025 compared to the same period in 2024 primarily due to increases in travel and entertainment expenses.

173

Other income (expenses) Other income — related party Other income — related party decreased by $62,315 for the six months ended June 30, 2025 compared to the same period in 2024. We provided engineering consulting services unrelated to our core business during the six months ended June 30, 2024. No such services were provided during the six months ended June 30, 2025. Other expense Other expense increased by $55,307 during the six months ended June 30, 2025 compared to the same period in 202