Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 245

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 245
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,000 |   |
| Ownership percentage                           |     |                   |        36 | % |     |            |        64 | % |     |                     | 0 | % |     |            |       100 | % |
| Numerators:                                    |     |                   |           |   |     |            |           |   |     |                     |   |   |     |            |           |   |
| Allocation of net income (loss)                |     | $                 |   345,854 |   |     | $          |   603,441 |   |     | $                   | — |   |     | $          |   (16,498 | ) |
| Denominators:                                  |     |                   |           |   |     |            |           |   |     |                     |   |   |     |            |           |   |
| Weighted average shares outstanding            |     |                   | 3,330,601 |   |     |            | 5,811,182 |   |     |                     | — |   |     |            | 5,750,000 |   |
| Basic and diluted net income (loss) per share  |     | $                 |      0.10 |   |     | $          |      0.10 |   |     | $                   | — |   |     | $          |     (0.00 | ) |

<div align='center'>F-30

GSR III ACQUISITION CORP.
NOTES TO FINANCIAL STATEMENTS</div>

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(cont.)

Stock-Based Compensation

The Company recognizes compensation
costs resulting from the issuance of stock-based awards to directors as an expense in the financial statement over the requisite service
period based on a measurement of fair value for each stock-based award. The fair value is amortized as compensation cost on a straight-line
basis over the requisite service period of the awards. The Black-Scholes-Merton option-pricing model includes various assumptions, including
the fair market value of the estimated stock price of the Company, expected life of shares, the expected volatility and the expected risk-free
interest rate, among others. These assumptions reflect the Company’s best estimates, but they involve inherent uncertainties based
on market conditions generally outside the control of the Company.

Recent Accounting Standards

In November 2023, the FASB
issued ASU