Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 23

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 23
---
 uncertainties described in this registration statement. Accordingly,
we may be unable to prepare accurate internal financial forecasts or replace anticipated revenue that we do not receive as a result of
delays, changed circumstances, or changed market conditions arising from these factors, and our results of operations in future reporting
periods may be below the expectations of investors or analysts. If we do not address these risks successfully, our results of operations
could differ materially from our estimates or the expectations of investors or analysts, causing our business to suffer and our ordinary
shares price to decline.

<div align='center'>6</div>

We have not yet commercialized or sold the SOLO or any other micro modular reactor (“MMR”), and there is no guarantee that we will be able to do so.

After we develop and
obtain regulatory approval, the planned initial deployment of the SOLO is subject to Terra Innovatum reaching binding agreements for
its scope of supply with potential customers. If no customer enters into such binding agreements with us, our initial deployment of the
SOLO and ongoing services associated with such deployment could be significantly delayed. This could have a material adverse effect on
our business and financial condition. To date, the various memoranda of understanding that we have entered into with potential purchasers
are non-binding and largely contingent upon successful site characterization studies — including for the First Of A Kind site,
governing body approvals and regulatory approvals, and may not result in binding agreements for the purchase of our products or services.
The potential purchasers may also elect to terminate or pursue other alternative transactions.

If we fail to manage our growth effectively, we may be unable to execute our business plan, and our business, results of operations, and financial condition could be harmed.

In order to achieve
future revenue growth, we must finalize our reactor design, receive regulatory approvals, and continue to develop and market new products
and services to traditional and non-traditional end-users. We intend to expand our operations as we develop and deploy our products and
services in the future, and will need to hire and retain additional personnel, upgrade our existing operational management and financial
and reporting systems, and improve our business processes and controls. Our future expansion will include:

| ● | hiring                      
 and training new personnel; |

| ● | completing                                                       
 the designs, licensing, construction, and commissioning of SOLO; |

| ● | finalizing                                                                                    
 our reactor design and developing new technologies and services (e.g., training, maintenance, 
 procurement);                                                                                 |

| ● | optimizing