Company: NKLR
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001213900-25-111171
Chunk: 22

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-17
Form: 10-Q
Item: Part I, Item 1
Chunk 22
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atum Global N.V. whose ordinary shares commenced trading on The Nasdaq Stock Market LLC under the ticker symbol “NKLR”
on October 10, 2025. Also on October 9, 2025, GSR III changed its name to “XIT Corp.” via special resolution, which name change
was certified on October 14, 2025.

In connection with the Merger,
Terra Innovatum Global N.V.:

●Issued 70,300,948 ordinary
shares.

●Received PIPE proceeds totaling
$36,790, pursuant to subscription agreements, consisting of the issuance of 3,683,500 PIPE shares, half warrants to purchase up to
1,841,750 ordinary shares at an exercise price of $12.00 per share, and quarter warrants to purchase up to 920,875 ordinary shares at
an exercise price of $16.00 per share. Additionally, converted $5,690 in bridge loans into 851,483 ordinary shares at a conversion
price of $7.00 per share.

●Issued bridge warrants to purchase 851,483 ordinary shares at $11.50 per share and 851,483 ordinary shares at $15.00 per share, each exercisable for 36 months.

●Implemented governance structures including Audit, Compensation, and Nominating/Corporate Governance Committees.

Engagement of Investor Relations and Advisory
Services

In October 2025, Terra Innovatum
Global N.V. entered into an agreement with Alliance to provide investor relations and advisory services. Under the terms of the agreement,
Alliance will commence services on November 1, 2025, and the initial term will continue through April 30, 2026, with automatic annual
renewals thereafter unless terminated by either party with 60 days’ notice.

A fixed monthly fee of $25 is due, which includes
up to 84 hours of services per month allocated as follows:

●Investor relations,
public relations and media, capital markets, and market intelligence: 50 hours for $17

●Social media and
communications: 14 hours for $4

●Business development
support: 20 hours for $5

In addition, a monthly service fee of 3% of the
monthly fee of $1 is due for access to market intelligence platforms and other support services.

16

The agreement also
provides for additional fees for services beyond the scope of the engagement, including special situations such as merger and
acquisition or crisis