Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 46

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 46
---
 claims of ownership and other rights to our patents and other intellectual property by third parties.

We may be subject to claims that former employees,
collaborators, or other third parties have an interest in our patents or other intellectual property as an owner, a joint owner, a licensee,
an inventor, or a co-inventor. In the latter two cases, the failure to name the proper inventors on a patent application can result in
the patents issuing thereon being unenforceable. Inventorship disputes may arise from conflicting views regarding the contributions of
different individuals named as inventors, the effects of foreign laws where foreign nationals are involved in the development of the
subject matter of the patent, conflicting obligations of third parties involved in developing our patented technology or as a result
of questions regarding co-ownership of potential joint inventions. Litigation may be necessary to resolve these and other claims challenging
inventorship and ownership. Alternatively, or additionally, we may enter into agreements to clarify the scope of our rights in such intellectual
property. If we fail in defending any such claims, in addition to paying monetary damages, we may lose exclusive ownership of, or right
to use or license valuable intellectual property. Such an outcome could have a material adverse effect on our business. Even if we are
successful in defending against such claims, litigation could result in substantial costs and be a distraction to management and other
employees.

Terra Innovatum’s management has limited experience in operating a public company.

Terra Innovatum’s executive officers have
limited experience in the management of a publicly traded company. Terra Innovatum’s management team may not successfully or effectively
manage its transition to a public company that will be subject to significant regulatory oversight and reporting obligations under federal
securities laws. Their limited experience in dealing with the increasingly complex laws pertaining to public companies could be a disadvantage
in that it is likely that an increasing amount of their time may be devoted to these activities which will result in less time being
devoted to the management and growth of New Terra Innovatum. Terra Innovatum may not have adequate personnel with the appropriate level
of knowledge, experience, and training in the accounting policies, practices or internal controls over financial reporting required of
public companies in the United States. The development and implementation of the standards and controls necessary for New Terra
Innovatum to achieve the level of accounting standards required of a public company in the United States may require costs greater
than expected. It is possible that New Terra Innovatum will be required