Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 122

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 122
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 having an exercise price of $11.50 per share, the amendments 
 increased the number of shares underlying such warrants to equal 100% of the shares issuable upon conversion of the Bridge Loans, and    
 shortened the exercise period of warrants held by certain lenders from 48 months to 36 months. Additionally, Terra Innovatum             
 added a commitment to issue to the lenders new warrants having a number of underlying common shares equal to 100% of the shares issuable 
 upon conversion of the Bridge Loans and an exercise price of $15.00 per share.                                                           |

| ● | Terra Innovatum incurred interest expense and amortization                                                                      
 of debt issuance costs and debt discounts from July 1, 2025 through the Closing Date on the Bridge Loans held at amortized cost 
 in Terra Innovatum Global’s historical June 30, 2025 financial statements of approximately $187.6 thousand, $2.5 thousand,      
 and $419.0 thousand, respectively.                                                                                              |

Terra
Innovatum incurred interest expense and amortization of debt discounts on the five Bridge Loans issued subsequent to June 30, 2025
and held at amortized cost in the amount of approximately $4.1 thousand and $13.7 thousand, respectively, from issuance date through
the Closing Date.

| ● | On September 23, 2025, GSR                                                                                                              
 III entered into a warrant agreement with a third party whereby GSR III issued warrants as a finder’s fee in connection with the        
 identification and securing of a nuclear facility site contract. The warrant agreement allows the holder to purchase up to 10,000 PubCo 
 ordinary shares at an exercise price of $10.00 per share. The warrant is exercisable at any time on or after the issuance date for a    
 term of 5 years.                                                                                                                        |

Additional Information Related to the Unaudited Pro Forma Condensed Combined Financial Information

The unaudited pro forma condensed combined financial
information has been prepared based on GSR III’s and Terra Innovatum’s Global historical financial statements as adjusted
to give effect to the Closing, the Financing Transactions, and the Other Material Events. The unaudited pro forma condensed combined balance
sheet as of June 30, 2025 gives pro forma effect to the Closing as if it had occurred on June 30, 2025. The unaudited pro forma
condensed combined statement of operations for the year ended December 31, 2024 reflects adjustments assuming that any