Company: NKLR
Filing Date: 2025-12-09
Form Type: S-1/A
Source: 0001213900-25-119411
Chunk: 238

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-09
Form: S-1/A
Chunk 238
---
4, the Bridge Package Contingent Warrant liability was zero.

The following tables provide a summary of changes in the estimated fair value of the financial instruments using significant Level 3 inputs:

| Balance - January 1, 2025                                  |     |   |      - |   |
|:-----------------------------------------------------------|:----|:--|-------:|:--|
| Issuance of Bridge Package Contingent Warrants             |     |   |  1,485 |   |
| Change in fair value of Bridge Package Contingent Warrants |     |   | (1,260 | ) |
| Reclassification to permanent equity on June 6, 2025       |     |   |   (193 | ) |
| Impact as a result of foreign exchange rates               |     |   |    (32 | ) |
| Balance - September 30, 2025                               |     | $ |      - |   |

The Company estimated the fair value of Bridge Package Contingent Warrants using the Black-Scholes option pricing model with the following inputs:

| Warrants:                |     |               |   |
| Expected term (in years) |     |             3 |   |
| Expected volatility      |     |   106% - 108% |   |
| Risk-free interest rate  |     | 3.89% - 4.01% |   |
| Expected dividend yield  |     |             0 | % |

During the periods presented, the Company has not changed the manner in which it values the liabilities that are measured at estimated fair value using Level 3 inputs. There were no transfers within the hierarchy during the periods presented.

Note 10. 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 September 30, 2025 and December 31, 2024, the total authorized, subscribed and paid-up capital was $ 15and $ 3, respectively, consisting of quotas from founders and investors. Voting rights are proportional to the percentage of quotas owned, and members are entitled to a share