Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 16

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 16
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 of $11.50 per share (the “Lower Bridge Warrants”);
and (ii) warrants to purchase Terra Shares equal to 100% of the number of Terra Shares into which the applicable Bridge Loan converted
at Closing at an exercise price of $15.00 per share the number of (the “Upper Bridge Warrants” and, together with the
Lower Bridge Warrants, the “Bridge Warrants”). The Bridge Warrants have an exercise period of 36 months from Closing. Pursuant
to registration rights granted to the Bridge Lenders, the 832,769 Bridge Shares held by them, as well as the Terra Shares issuable upon
exercise of the Bridge Warrants, are being registered hereby for potential resale from time to time. See the “—Bridge Loans,”
“—Q3 2025 Bridge Loans,” “Conversion of Bridge Loans” and “Business Combination and Public Listing” headings under “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Recent Developments” for more information about the transactions pursuant to which the Bridge Shares and Bridge Warrants were issued.

PIPE Agreements

In connection with the Business Combination, on
September 23, 2025 and subsequently, GSR III entered into subscription agreements (each, as amended, a “PIPE Subscription Agreement”)
with certain accredited investors (the “PIPE Investors” or “PIPE Subscribers”), pursuant to which
GSR III agreed to issue and sell, in a private placement (the “PIPE Financing”), (i) warrants to purchase up to 1,841,750
GSR III Shares at $12.00 per share (the “Half Warrants”); (ii) warrants to purchase up to 920,875 GSR III Shares at
$16.00 per share (the “Quarter Warrants,” and together with the Half Warrants, the “PIPE Warrants”);
and (iii) 3,683,500 GSR III Shares at a price of $10.00 per share (the “PIPE Shares”), for an aggregate gross proceeds
total of approximately $36.8 million. The number of Terra Shares issuable upon exercise of the PIPE Warrants is subject to adjustment
as set forth in the PIPE Warrants. The PIPE Warrants are exercisable immediately upon issuance and have a term of five years from the
date of issuance.

Upon the Closing of the Business Combination,
Terra entered into an assumption and assignment agreement of even date with GSR III, pursuant to which Terra