Company: NKLR
Filing Date: 2025-05-14
Form Type: S-4
Source: 0001213900-25-043376
Chunk: 198

Company: Terra Innovatum Global N.V.
Filing Date: 2025-05-14
Form: S-4
Chunk 198
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) the solvency, creditworthiness or fair value of the Company or any other participant in the Business Combination under any applicable laws relating to bankruptcy, insolvency or similar matters. Set forth below is a summary of the material financial analyses carried out by ERShares, in connection with ERShares rendering the Opinion. The following summary, however, does not purport to be a complete description of the analyses performed by ERShares. The order of the analyses described, and the results of these analyses do not represent relative importance or weight given to these analyses by ERShares. Except as otherwise noted, the following quantitative information, to the extent that it is based on market data, is based on market data that existed on or before April 7, 2025, and is not necessarily indicative of current market conditions. Summary of ERShares’ Financial Analysis of Company Market Method The primary method ERShares used as the basis for the fairness opinion assessment was a Market Method, which relied on a combination of (a) a Guideline Publicly Traded Companies Analysis (“ GPC Analysis”), and (b) a Guideline Transaction Analysis (“ GTM Analysis”). Guideline Publicly Traded Companies Analysis The GPC Analysis is a market indicator used to value a business. ERShares reviewed and analyzed publicly available data on CapIQ about companies that were considered to have attributes similar to the Company. There are no guideline public companies that are directly comparable to Company’s future prospective business. ERShares selected a group of 2 guideline public companies that it considered to have attributes similar to the Company (“ GPC Guideline Companies,” collectively, the “ Guideline Companies Group”) to use for purposes of the GPC Analysis. ERShares utilized the platform and analytical tools of CapIQ’s public company database (the “ database,” unless otherwise indicated, as accessed as of April 07, 2025 (the “ Access Date”)), to assist with the identification of GPC Guideline Companies and to obtain certain publicly available information about those companies. Of the total number of companies with securities listed on a U.S. national securities exchange (“ Public Companies”) included in the database, ERShares selected the 2 GPC Guideline Companies. The GPC Guideline Companies are as follows: •Nano Nuclear Energy Inc. and Oklo, Inc. •Worldwide Presence: Of the total number of companies included in the database, ERShares selected a group of 72,052 Public Companies with securities listed on various national exchanges globally in order to incorporate in the GPC Guideline Companies with