Company: NKLR
Filing Date: 2025-08-01
Form Type: S-4/A
Source: 0001213900-25-070223
Chunk: 248

Company: Terra Innovatum Global N.V.
Filing Date: 2025-08-01
Form: S-4/A
Chunk 248
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 law/practice (unpublished case law/practice is not included) as it stands at the date of this prospectus. The law upon which this description is based is subject to change, potentially with retroactive effect. Any such change may invalidate the contents of this description, which will not be updated to reflect this change. The summary does not address the tax consequences arising in any jurisdiction other than Italy. As this is a general summary, holders of the PubCo Ordinary Shares, should consult their own tax advisers as to the Italian or other tax consequences connected with the acquisition, ownership and transfer of the PubCo Ordinary Shares, including, in particular, the application to their particular situations of the tax considerations discussed below. 107 For purposes of this section, the following terms have the meaning defined below: •“ CITA”: Presidential Decree No. 917 of December22, 1986 (the Consolidated Income Tax Act); •“ EEA State”: a State that is party to the European Economic Area Agreement; •“ Finance Act 2017”: Law No. 232 of December11, 2016; •“ Finance Act 2019”: Law No. 145 of December30, 2018; •“ Finance Act 2021”: Law No. 178 of December30, 2020; •“ IRES”: Italian corporate income tax; •“ IRAP”: Regional Tax on productive activities; •“ Italian White List”: the list of Countries and territories allowing a satisfactory exchange of information with Italy (i) currently included in the Italian Ministerial Decree of September4, 1996, as subsequently amended and supplemented or (ii) once effective in any other decree or regulation that will be issued in the future to provide the list of such countries and territories (and that will replace Ministerial Decree of September4, 1996), including any Country or territory that will be deemed listed therein for the purpose of any interim rule; •“ Non -Qualified Holdings”: holdings of the Ordinary Shares and any other rights or securities through which Ordinary Shares may be acquired, other than Qualified Holdings; •“ Qualified Holdings”: holdings of the Ordinary Shares and any other rights or securities through which the Ordinary Shares may be acquired, that represent, in case of shares listed on regulated markets, either (i) more than 2% of the overall voting rights exercisable at ordinary shareholders’ meetings or (ii) an interest in PubCo’s issued and outstanding capital exceeding 5%; and •“ Transfer of Qualified Holdings