Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 70

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 70
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 statement titled “Risk Factors”. These and other factors could cause results to
differ materially from those expressed in the estimates made by the independent parties and by us.

<div align='center'>31

USE OF PROCEEDS</div>

We will receive no proceeds
from the sale of the Resale Securities by the Selling Securityholders. The Selling Securityholders will pay any underwriting discounts,
selling commissions or transfer taxes incurred in disposing of the Resale Securities and the expenses of any attorney or other advisor
they decide to employ. We will bear all other costs, fees and expenses incurred in effecting the registration of the Resale Securities
covered by this registration statement. These may include, without limitation, all registration, filing, stock exchange fees, printing
expenses, all fees and expenses of complying with applicable securities laws and the fees and disbursements of our counsel and of our
independent accountants and reasonable fees. We will receive proceeds of up to approximately $59.5 million from the full exercise of
the warrants for cash, which we intend to use for general corporate and working capital purposes.

<div align='center'>DETERMINATION OF OFFERING PRICE</div>

We cannot currently determine
the price or prices at which shares of the Resale Securities may be sold by the Selling Securityholders under this registration statement.
See “Selling Securityholders” and “Plan of Distribution” herein.

<div align='center'>MARKET INFORMATION FOR SECURITIES AND DIVIDEND POLICY</div>

Market Information

The Terra Shares are listed on the Nasdaq Stock Market under the symbol
“NKLR.” On November 7, 2025, the last reported sales price of the Terra Shares was $6.56. As of November 7, 2025, there were
approximately 90 holders of record of our Terra Shares.

Dividend Policy

We do not expect to pay dividends on our shares
for the foreseeable future. Payment of dividends on our shares in the future will be subject to business conditions, financial conditions,
earnings, cash balances, commitments, strategic plans and other factors that our Board of Directors may deem relevant at the time it recommends
approval of the dividend. Any dividend policy, once adopted, will be subject to change based on changes in statutory requirements, market
trends, strategic developments, capital requirements and a number of other factors. In addition, under our Articles of Association and
Dutch law, dividends may be declared on the Terra Shares only if the amount of equity exceeds