Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 15

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 15
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 with
respect to certain Terra Shares and other equity securities of Terra held by them from time to time.

Bridge Loans

Between May 2025 and September 2025, Terra entered
into convertible bridge loans for gross cash proceeds of $5.0 million (as amended, the “Bridge Loans”). The Bridge
Loans accrued interest at the rate of 15.00% per annum, payable in kind, calculated on the outstanding principal balance. On the Closing
of the Business Combination, the principal and accrued interest on the Bridge Loans converted into 851,483 Terra Shares, in the aggregate,
at a conversion price of $7.00 per share (the “Bridge Shares”). Additionally, in connection with the Bridge Loans,
as amended in August and September 2025, Terra committed to issue to certain Bridge Loan lenders (the “Bridge Lenders”),
following the Business Combination: (i) warrants to purchase the number of 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 $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,