Company: INV
Filing Date: 2025-04-15
Form Type: POS AM
Source: 0001628280-25-017889
Chunk: 221

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: POS AM
Chunk 221
---
22, 2028. The holders also have the right to participate in future equity or convertible debt offerings up to an aggregate amount of $ 5,000or to maintain their pro rata ownership, subject to customary exclusions.

The WTI Warrants are considered freestanding financial instruments and are recorded at fair value on the consolidated balance sheets as a warrant liability. The fair value of the WTI Warrants upon issuance was $ 15,690. For the period from issuance to December 31, 2024, the Company recognized a loss of $ 1,540in Change in fair value of financial liabilities on the consolidated statements of operations and comprehensive income (loss). See Note 4. Fair Value for details on the valuation.

|              |     |                    |   |     |                |     |        |     |                 |     |           |     | Successor         
 December 31, 2024 |        |
|:-------------|:----|:-------------------|--:|:----|:---------------|:----|:-------|:----|:----------------|:----|:----------|:----|:------------------|-------:|
|              |     | Number of Warrants |   |     | Exercise Price |     |        |     | Expiration Date |     |           |     | Balance           |        |
| WTI Warrants |     |                    | 2 |     |                |     | varies |     |                 |     | 3/31/2025 |     | $                 | 17,230 |

Note 12. Mezzanine Capital

Predecessor period

The redemption of Class PCTA Units or Class I Units is not solely in control of the Company and, as such, both classes of units are considered redeemable at the option of the holder. The Class PCTA Units are probable of becoming redeemable and the Class I Units are currently redeemable. As such, these units are accreted to redemption value at each reporting date.

<div align='center'>F-36</div>

#### Innventure, Inc. and Subsidiaries

### Notes to Consolidated Financial Statements
<div align='center'>(in thousands, except share or per share data)</div>

Valuation

Class PCTA Units are valued on a monthly basis to align with the underlying value of the PCT stock. Changes in the redemption value (e.g., fair value) are recognized immediately as they occur and the carrying value of