Company: NKLR
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001213900-25-063846
Chunk: 310

Company: Terra Innovatum Global N.V.
Filing Date: 2025-07-15
Form: S-4/A
Chunk 310
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 management team, also at a purchase price of $0.00438 per share. Although the shares were legally transferred in 2024, the awards were subject to a performance condition (the Closing of the Business Combination). As such, in accordance with ASC 718, stock -basedcompensation was not recognized until the Closing, when the performance condition was satisfied. The grant date fair value of the shares was determined to be $0.00438 per share, equal to the amount paid by the recipients. As a result, the total stock -basedcompensation expense recognized was $0, as the fair value of the awards was fully offset by the amount initially received for the purchase of the shares. (g)The pro forma basic and diluted loss per share amounts attributable to PubCo ordinary shareholders presented in the unaudited pro forma condensed combined statement of operations are based upon the number of PubCo Ordinary Shares outstanding at the Closing, assuming the Closing occurred on January 1, 2024. 148

Pro forma basic and diluted net loss per share attributable to PubCo ordinary shareholders is calculated as follows for the year ended March 31, 2025:

|                                                                                                                                                                                                                                                                                     |     | Three Months Ended 
 March 31, 2025     |            |   |     |             |            |   |
|:------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-------------------|-----------:|:--|:----|:------------|-----------:|:--|
|                                                                                                                                                                                                                                                                                     |     | Assuming No        
 Redemptions        
 Into Cash          |            |   |     | Assuming    
 Maximum     
 Redemptions 
 Into Cash   |            |   |
| Numerator:                                                                                                                                                                                                                                                                          |     |                    |            |   |     |             |            |   |
| Pro forma net loss                                                                                                                                                                                                                                                                  |     | $                  | (2,782,000 | ) |     | $           | (2,782,000 | ) |
| Denominator:                                                                                                                                                                                                                                                                        |     |                    |            |   |     |             |            |   |
| Assume conversion of GSR III Class A ordinary shares subject to possible redemption into PubCo Ordinary Shares effective January 1, 2024 as a result of assuming closing of the Business Combination on January 1, 2024                                                             |     |                    | 23,000,000 |   |     |             |  3,419,264 |   |
| Assume conversion of GSR III Class A ordinary shares into