Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 228

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 228
---
0.10 |   |     | $          |      0.10 |   |     | $                   | — |   |     | $          |     (0.00 | ) |

<div align='center'>F-31

GSR III ACQUISITION CORP.
NOTES TO FINANCIAL STATEMENTS</div>

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(cont.)

Stock-Based Compensation

The Company recognizes compensation
costs resulting from the issuance of stock-based awards to directors as an expense in the financial statement over the requisite service
period based on a measurement of fair value for each stock-based award. The fair value is amortized as compensation cost on a straight-line
basis over the requisite service period of the awards. The Black-Scholes-Merton option-pricing model includes various assumptions, including
the fair market value of the estimated stock price of the Company, expected life of shares, the expected volatility and the expected
risk-free interest rate, among others. These assumptions reflect the Company’s best estimates, but they involve inherent uncertainties
based on market conditions generally outside the control of the Company.

Recent Accounting Standards

In November 2023, the FASB
issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures.” The amendments in this
ASU require disclosures, on an annual and interim basis, of significant segment expenses that are regularly provided to the chief operating
officer decision maker (“CODM”), as well as the aggregate amount of other segment items included in the reported measure
of segment profit or loss. The ASU requires that a public entity disclose the title and position of the CODM and an explanation of how
the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate resources.
Public entities will be required to provide all annual disclosures currently required by Topic 280 in interim periods, and entities with
a single reportable segment are required to provide all the disclosures required by the amendments in this ASU and existing segment disclosures
in Topic 280. This ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning
after December 15, 2024, with early adoption permitted. This standard was effective for the Company for the year ended December 31, 2024
and did not have a material impact on the Company’s financial statements (see