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Terra Innovatum board exit to keep independent majority

The board change does not end Cesare Frepoli’s operating roles: he will remain Terra’s Chief Operating Officer and the U.S. subsidiary’s Co-Chief Executive Officer.

(Moderate)

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Form Type
8-K

Rhea-AI Filing Summary

Terra Innovatum Global N.V. (NKLR) said Cesare Frepoli notified the company on October 2, 2026, of his intention to resign as a director, effective that day. Frepoli will remain the company’s Chief Operating Officer and Co-Chief Executive Officer of its U.S. subsidiary. The company said the resignation is solely to ensure the Board remains majority independent as required by NASDAQ Listing Rule 5605(b).

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
NASDAQ Listing Rule 5605(b) regulatory
"majority independent as required by NASDAQ Listing Rule 5605(b)"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why is Cesare Frepoli resigning from Terra Innovatum’s board?

Terra Innovatum said Frepoli’s resignation is solely to ensure the Board remains majority independent as required by NASDAQ Listing Rule 5605(b). He will remain the company’s Chief Operating Officer and Co-Chief Executive Officer of its U.S. subsidiary.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

October 2, 2026

Date of Report (Date of earliest event reported)

 

TERRA INNOVATUM GLOBAL N.V.
(Exact Name of Registrant as Specified in its Charter)

 

The Netherlands   001-42901   N/A
(State or other jurisdiction   (Commission File Number)   (I.R.S. Employer
of incorporation)     Identification No.)

 

Via Matteo Trenta 117, Lucca, Italy   55100
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: +39 0583 55797

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Ordinary Shares, par value of €0.01 per share   NKLR   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On October 2, 2026, Cesare Frepoli notified Terra Innovatum Global N.V. (the “Company”) of his intention to resign from the board of directors of the Company (the “Board”), effective as of such date. Mr. Frepoli will remain as the Company’s Chief Operating Officer and Co-Chief Executive Officer of the Company’s U.S. Subsidiary. Mr. Frepoli’s resignation is solely for the purpose of ensuring that the Board will remain majority independent as required by NASDAQ Listing Rule 5605(b).

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: October 8, 2026    
     
  TERRA INNOVATUM GLOBAL N.V.
     
  By: /s/ Alessandro Petruzzi
  Name: Alessandro Petruzzi
  Title: Chief Executive Officer

 

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Filing Exhibits & Attachments

3 documents

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