Company: INV
Filing Date: 2025-10-23
Form Type: S-1
Source: 0001140361-25-039085
Chunk: 105

Company: Innventure, Inc.
Filing Date: 2025-10-23
Form: S-1
Chunk 105
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 we expect to eliminate stock keeping unit proliferation based on desired sales distribution channel. |

| • | New Size/Shape Development Efficiency: flexible manufacturing eliminates the need for            
 capital intensive molds and tooling costs, which may enable rapid adoption at a much lower cost. |

| • | Product Safety: designed with hygiene in mind with tamper proof packaging that                                                                                                                                                
 eliminates the use of a discrete closure with AeroFlexx proprietary integrated valve (e.g., no need for a separate cap, pump or package sealing and dispensing device) to help keep products safe and prevent product losses. |

Currently, the limitations for Refinity’s clients to fully embrace and scale plastic circularity is economic viability and plastic waste sourcing. Refinity believes that its fluidized bed process provides unique benefits that:

| • | Enable higher yield conversion of plastic waste to olefin gases and hydrocarbon liquids.                                                                                                                                                     
 VTT has demonstrated that the fluidized bed process converts plastic waste to olefin gases at higher yield than conventional pyrolysis processes, potentially enabling two to three times higher productivity when the fluidized bed process 
 feeds olefin gases directly to petrochemical steam cracker operations.                                                                                                                                                                       |

| • | Allow use of low cost, mixed plastic wastes. Unlike incumbent recycling processes which                                                                                                   
 typically require more sorting and pre-cleaning of plastic wastes, Refinity believes that the fluidized bed process will be more robust to minimally-sorted, mixed plastic waste streams. |

| • | Enable plant site flexibility. We believe that the Refinity fluidized bed operating                                                                                                                                                          
 conditions can be tuned to allow for production of either olefin (ethylene and propylene) gases and hydrocarbon liquids. We believe the flexibility to site and build a liquids plant close to low-cost plastic waste feedstock sources will 
 allow Refinity to minimize transportation costs for plastic waste and reduce operating costs. Refinity expects to site an olefin gas plant adjacent to petrochemical steam cracker operations to take advantage of existing site             
 infrastructure and product purification while also minimizing cost for transporting the olefin product.                                                                                                                                      |

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TABLE OF CONTENTS History AeroFlexx was launched in February 2018 as our second Innventure Company. The technology was acquired from P&G, who conducted extensive R&D and customer testing using iconic brands such as Dawn, Old Spice and Olay as part of a multi-year consumer research plan. AeroFlexx acquired sole exclusive rights to commercialize the technology globally, across all categories and with any partner, including any P&G direct competitors