Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 243

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 243
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 the Company’s liquidation, or if there
is a shareholder vote or tender offer in connection with the Company’s initial Business Combination. In accordance with ASC 480-10-S99,
the Company classifies public shares subject to redemption outside of permanent equity as the redemption provisions are not solely within
the control of the Company. The Company recognizes changes in redemption value immediately as they occur and will adjust the carrying
value of redeemable shares to equal the redemption value at the end of each reporting period. Immediately upon the closing of the Initial
Public Offering, the Company recognized the accretion from initial book value to redemption amount value. The change in the carrying value
of redeemable shares will result in charges against additional paid-in capital (to the extent available) and accumulated deficit.

<div align='center'>F-29

GSR III ACQUISITION CORP.
NOTES TO FINANCIAL STATEMENTS</div>

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(cont.)

Accordingly, as of December
31, 2024, Class A ordinary shares subject to possible redemption are presented at redemption value as temporary equity, outside of permanent
shareholders’ equity on the Company’s balance sheet, as summarized in the following table:

| Public offering proceeds                                                 |     | $ | 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