Company: NKLR
Filing Date: 2025-06-26
Form Type: S-4/A
Source: 0001213900-25-058019
Chunk: 458

Company: Terra Innovatum Global N.V.
Filing Date: 2025-06-26
Form: S-4/A
Chunk 458
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 and Other Current Liabilities Accrued expenses and other current liabilities consisted of the following:

|                                                      |     |   | March 31, 
      2025 |     |   | December 31, 
         2024 |
|:-----------------------------------------------------|:----|:--|----------:|:----|:--|-------------:|
| Value added tax payable                              |     | $ |    36,562 |     | $ |            — |
| Wages payable                                        |     |   |    20,001 |     |   |       10,070 |
| Corporate and regional taxes payable                 |     |   |     9,227 |     |   |       10,395 |
| Other                                                |     |   |   113,581 |     |   |           58 |
| Total accrued expenses and other current liabilities |     | $ |   179,371 |     | $ |       20,523 |

Note 8. Other non-current liabilities Other non -currentliabilities consist of Trattamento di Fine Rapporto (“TFR”) liability of $5,834 and $5,585 as of March 31, 2025 and December 31, 2024, respectively. TFR represents a defined -benefitplan in Italy, a legally required end -of -serviceallowance, paid regardless of the reason for the employee’s departure from the company. The annual accrual is approximately 7% of total pay, with no ceiling, and is revalued each year by applying a pre -establishedrate of return of 1.50%, plus 75% of the Consumer Price Index, and is recorded by a book reserve. TFR is an unfunded plan.

F-46

Terra Innovatum, Srl.
Notes to the Financial Statements (Unaudited) Note 9. Quotaholders’ Deficit The Company is an Srl., which is an Italian limited liability company similar to a limited liability company in the United States. Unlike corporations that issue shares of stock, the Company’s Articles of Incorporation designate ownership in the form of quotas, which represent its corporate capital. Corporate Capital As an Srl., the Company’s ownership structure is defined by “corporate capital” and “quotas” rather than shares, stock or units. As of March 31, 2025 and December31, 2024, the total authorized, subscribed and paid -upcapital was $3