Company: NKLR
Filing Date: 2025-12-09
Form Type: S-1/A
Source: 0001213900-25-119411
Chunk: 112

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-09
Form: S-1/A
Chunk 112
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 services related to the      
 negotiation and structuring of the business combination agreement and preparation of the      
 registration statements and other financial services. None of these services were specific    
 incremental costs directly attributable to the offering.                                      |

| (f) | To reflect the                                                                             
 payment of transaction costs of $4.2 million related to Terra Innovatum Global, including: |

(i) $2.7 million of costs incurred after September 30, 2025 that are not specific incremental costs directly attributable to the offering; and (ii)$482.4 thousand of costs incurred prior to September 30, 2025 that are not specific incremental costs directly attributable to the offering. These costs were expensed as incurred and recorded as accounts payable in the historical Terra Innovatum Global balance sheet. (iii) $956.3 thousand of legal fees incurred prior to September 30, 2025 that are specific incremental costs directly attributable to the offering. These costs were recorded to deferred transaction costs and accounts payable in the historical Terra Innovatum Global balance sheet. Accounts payable decreased by $1.4 million, due to the payments of (ii) and (iii) above. In accordance with Staff Accounting Bulletin Topic 5.A and ASC 340-10-S99-1, management evaluated the nature of all transaction-related costs. Based on this evaluation:

| ● | Approximately $2.7 million of costs incurred after September                                  
 30, 2025 were expensed as incurred and recorded as an addition to accumulated deficit in      
 the pro forma balance sheet. These costs include strategic advisory fees, including the $2.5  
 million cash success fee to PAC, legal services, accounting and audit services for historical 
 financial statements, and marketing and investor relations costs. None of these services      
 were specific incremental costs directly attributable to the offering.                        |

| ● | Approximately $482.4 thousand of costs incurred prior to September                            
 30, 2025 were expensed as incurred and recorded as an addition to accumulated deficit in      
 the pro forma balance sheet. These costs include strategic advisory fees, legal services,     
 accounting and audit services for historical financial statements, and marketing and investor 
 relations costs. None of these services were specific incremental costs directly attributable 
 to the offering.                                                                              |

| ● | Approximately $956.3 thousand of legal fees incurred prior                                   
 to September 30, 2025 were accounted for as specific incremental costs directly attributable 
 to the offering and recorded in Terra Innovatum Global’s historical financial statements     
 as deferred transaction costs