Company: NKLR
Filing Date: 2025-12-09
Form Type: S-1/A
Source: 0001213900-25-119411
Chunk: 222

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-09
Form: S-1/A
Chunk 222
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, to sublease three office rooms from a property unit located
in Lucca, Sorbano del Giudice, Via della Chiesa XXXII n. 759. The three office rooms will be used exclusively for professional office
purposes and related activities. The term of the lease agreement is months starting from April 1, 2025 and ending on March 31, 2027.
Each party may withdraw from the lease agreement at any time before the expiration date of the contract. The rent is € ($
USD) per annum, € ($ USD) per month plus € ($ USD) monthly as a flat-rate reimbursement for utilities and cleaning
costs (the “Lease Fee”), with the total monthly amount to be paid no later than the 10th of each month. The Lease Fee will
be updated annually by % of the variation in the official consumer price indices for worker and employee families as determined by the
Italian Statistics Day (“ISTAT”) in the previous year and subsequently year by year, with the first update taking effect on
April 1, 2026. The lease agreement is subject to VAT according to Italian tax regulations.

Merger

Background

On April 21, 2025, Terra, GSR III, and
such other parties that may become parties entered into a merger agreement (the “Merger Agreement”). The following are the
transactions contemplated in the Merger Agreement:

Pre-Closing Restructuring

Terra has undergone and will undergo a pre-closing
restructuring (the “Terra Pre-Closing Restructuring”):

| ● | Contribution of Ownership Interests:  Following                                                                                            
 the formation of Terra Global, all owners of Terra will contribute 100% of their respective quotas in the capital of Terra to Terra Global 
 (the “Contribution”). As a result of the Contribution, Terra will become a wholly owned subsidiary of Terra Global.                        |

| ● | Conversion:  Immediately                                                                                                              
 after the Contribution and before any PIPE or alternative financing, Terra Global will be converted from an Italian limited liability 
 company into a Dutch public limited company.                                                                                          |

Formation of Terra MergerCo

After the Terra Pre-closing Restructuring, Terra
Global will form a Cayman Islands exempted company (“Terra MergerCo”) as a direct, wholly owned subsidiary to complete the
merger.

Closing Date

On the closing date of the merger, GSR III
will continue as the surviving entity and become a wholly