Company: NKLR
Filing Date: 2025-12-09
Form Type: S-1/A
Source: 0001213900-25-119411
Chunk: 155

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-09
Form: S-1/A
Chunk 155
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 meeting cannot be withdrawn unless determined otherwise at the time of designation. 104 The scope and duration of Terra’s board of directors authority to issue Terra shares or grant rights to subscribe for Terra shares (such as granting stock options) will determined by a resolution of Terra’s general meeting and relates, at the most, to all unissued shares in Terra’s authorized capital on the date on which the Terra’s board of directors resolves to issue Terra shares or grant rights to subscribe for Terra shares. The duration of this authority may not exceed a period of five years. Designation of the Terra’s board of directors as the body authorized to issue Terra shares or grant rights to subscribe for Terra shares may be extended by a resolution of Terra’s general meeting for a period not exceeding five years in each case. The number of Terra shares that may be issued or rights to subscribe for Terra shares that may be granted by Terra’s board of directors is determined at the time of designation. If and insofar as the Terra board of directors is not designated by the Terra general meeting, Terra shares shall be issued pursuant to a resolution of the Terra general meeting. No resolution of Terra’s general meeting or resolution of the Terra’s board of directors is required to issue Terra shares pursuant to the exercise of a previously granted right to subscribe for Terra shares. The Terra general meeting adopted a resolution prior to the Closing of the Business Combination pursuant to which the Terra’s board of directors was authorized, for a period of five years from the date of the Closing, to issue Terra Ordinary Shares and Terra Preferred Shares and grant rights to subscribe for Terra Ordinary Shares and Terra Preferred Shares up to the authorized share capital from time to time. Pre-emptive Rights Under Dutch law and the Terra Articles of Association, each shareholder has a pre-emptive right in proportion to the aggregate amount of its Terra Ordinary Shares upon the issuance of new Terra Ordinary Shares or the granting of rights to subscribe for Terra Ordinary Shares. Exceptions to this pre-emptive right include the issuance of new Terra Ordinary Shares or the granting of rights to subscribe for Terra Ordinary Shares: (i) to employees of Terra or another company of its group; (ii) against payment other than in cash; and (iii) to persons exercising a previously granted right to subscribe for Terra Ordinary Shares. Holders of Terra Preferred Shares will not have pre-emptive rights to acquire newly issued Terra Ordinary Shares or Terra Preferred Shares and no pre-emptive rights will exist with respect to the issue of Terra Preferred Shares. In accordance with Dutch law, pre