Company: NKLR
Filing Date: 2025-06-26
Form Type: S-4/A
Source: 0001213900-25-058019
Chunk: 12

Company: Terra Innovatum Global N.V.
Filing Date: 2025-06-26
Form: S-4/A
Chunk 12
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 -Up Shares”) during the period commencing after the Closing Date (the “ Lock -Up Period”); providedthat, (i) 25% of the Sponsor Lock -UpShares shall be released upon the earlier of the PubCo Trading Price being greater than $12.00 or PubCo issuing its first quarterly earnings release that occurs at least 120 days after the Closing, (ii) an additional 25% of the Sponsor Lock -UpShares shall be released upon the earlier of the PubCo Trading Price being greater than $14.00 or PubCo issuing its second quarterly earnings release that occurs at least 120 days after the Closing, (iii) a further 25% of the Sponsor Lock -UpShares shall be released upon the earlier of the PubCo Trading Price being greater than $16.00 or PubCo issuing its third quarterly earnings release that occurs at least 120 days after the Closing and (iv) all the remaining Sponsor Lock -UpShares shall be released upon the earlier of the PubCo Trading Price being greater than $18.00 or PubCo issuing its fourth quarterly earnings release that occurs at least 120 days after the Closing (the foregoing restrictions, the “ Lock -Up”). Compensation to be Received by the Sponsor, its Affiliates and Promoters at Closing At Closing, pursuant to the Business Combination Agreement, the following shall be received by the Sponsor and its affiliates and promoters: •PubCo will repay to Sponsor, on GSR III’s behalf, all outstanding loans or other obligations, none of which were outstanding as of March31, 2025; and •GSR III has agreed to make a payment in the amount of $9.2million to SPAC Advisory Partners, LLC (“SPAC Advisory”), an affiliate of the Sponsor and some of our directors and officers. In addition, Sponsor and its members hold 5,750,000 Founder Shares and will hold 5,750,000 PubCo Ordinary Shares issued following the Closing. Thirteen institutional investors and one accredited individual investor (collectively, the “ Sponsor Members”) (none of which are affiliated with any member of our management, Sponsor or any other investor), have purchased membership interests equal to an aggregate of 3,252,645 Founder Shares, which will be transferred to such holders at Closing. Interests of Certain Persons in the Business Combination Since the Sponsor, its affiliates and the other Initial Shareholders have interests that are different, or in addition to (and which may conflict with), the interests of the other holders of G