Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 283

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 283
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 per share

The Company is a limited liability company (Srl.)
under Italian law and does not issue traditional shares. Instead, ownership is divided into quotas (similar to membership interests in
a limited liability company in the United States), which represent percentage ownership in the Company and not actual shares. Historical
earning per quota has not been included in these financial statements as the Company determined that representing net loss per quota
is not a meaningful or material disclosure due to the Company’s current capital structure, and due to the fact that the Company
has not started operations.

<div align='center'>F-73

TERRA INNOVATUM GLOBAL S.R.L.
NOTES TO THE FINANCIAL STATEMENTS</div>

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.)

Emerging growth company

The Company is an “emerging growth company”,
as defined in Section 2(a) of the Securities Act of 1933, as amended, (the “Securities Act”), as modified by the Jumpstart
Our Business Startups Act of 2012 (the “JOBS Act”). The JOBS Act provides that an emerging growth company can take advantage
of an extended transition period for complying with new or revised accounting standards. Thus, an emerging growth company can delay the
adoption of certain accounting standards until those standards would otherwise apply to private companies. The Company has elected to
take advantage of the extended transition period to comply with new or revised accounting standards and to adopt certain of the reduced
disclosure requirements available to emerging growth companies. As a result of the accounting standards election, the Company will not
be subject to the same implementation timeline for new or revised accounting standards as other public companies that are not emerging
growth companies which may make comparison of the Company’s financial statements to those of other public companies more difficult.

New Accounting Pronouncements

Management does not believe that any recently
issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial
statements.

4. QUOTAHOLDERS’ EQUITY

The Company is an Srl., which is an Italian limited
liability company similar to a limited liability company in the U.S. Unlike corporations that issue shares of stock, the Company’s
Articles of Incorporation designate ownership in the form of quotas, which represent its corporate capital.

Corporate Capital

As an Srl., the Company’s ownership structure
is defined by “corporate capital” and “quot