Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 71

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 71
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 the paid up and called up capital plus the
reserves that have to be maintained pursuant to Dutch law and/or our Articles of Association. Further, even if we are permitted under
our Articles of Association and Dutch law to pay cash dividends on our shares, we may not have sufficient cash to pay dividends in cash
on such shares. We will be a holding company and our operations will be carried out through our subsidiaries. As a result, our ability
to pay dividends will primarily depend on the ability of our subsidiaries to generate earnings and to provide us with the necessary financial
resources.

Securities Authorized for Issuance under Equity Compensation Plans

As of the date of this prospectus,
our Equity Incentive Plan provides for the issuance of up to 7,030,094 additional Terra Shares. Additionally, to the extent registered
on a Form S-8, Terra Shares granted or issued under our equity incentive plans will, subject to vesting provisions, lock-up restrictions,
and Rule 144 volume limitations applicable to our “affiliates,” be available for sale in the open market immediately upon
registration.

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MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS</div>

The following discussion and analysis provides information that Terra Innovatum Global, Srl. (“Terra Innovatum Global”) management believes is relevant to an assessment and understanding of Terra Innovatum Global’s results of operations and financial condition. The discussion should be read together with Terra Innovatum Global’s unaudited financial statements as of and for the six months ended June 30, 2025 and June 30, 2024, Terra Innovatum, Srl.’s (“Terra”) historical audited annual financial statements as of and for the years ended December 31, 2024 and December 31, 2023, Terra Innovatum Global’s historical audited financial statements as of April 29, 2025 and for the period from April 29, 2025 (inception) and ended April 29, 2025 and the respective notes thereto, included elsewhere in this registration statement. The discussion and analysis should also be read together with Terra Innovatum Global’s unaudited pro forma combined financial information as of and for the three months ended June 30, 2025 and June 30, 2024 as well as of and for the years ended December 31, 2024 and December 31, 2023, and the