Company: INV
Filing Date: 2025-04-15
Form Type: S-1
Source: 0001628280-25-017890
Chunk: 38

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: S-1
Chunk 38
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 of these analysts cease coverage of Innventure or fail to regularly publish reports on Innventure, it could lose

visibility in the financial markets, which could cause Innventure’s stock price or trading volume to decline.

Innventure does not currently intend to pay dividends on its Common Stock, and, consequently, your ability to

achieve a return on your investment will depend on appreciation, if any, in the price of our Common Stock.

Innventure has no intention to ever declare or pay any cash dividend on its Common Stock. Innventure currently

anticipates that it will retain future earnings for the development, operation and expansion of the business and does

not anticipate declaring or paying any cash dividends for the foreseeable future. Any return to stockholders will

therefore be limited to the appreciation of their stock. In addition, the terms of any equity or debt instruments that

Innventure may issue in the future could contain prohibitions or restrictions on the ability of Innventure to pay

dividends on its Common Stock. There is no guarantee that our Common Stock will appreciate in value or even

maintain the price at which stockholders have purchased their shares.

Future sales of shares of our Common Stock or other equity may depress its stock price.

In connection with the execution of the Business Combination Agreement, certain insiders of Innventure LLC

(each, a “Lock-Up Party”) entered into lock-up agreements (the “Lock-Up Agreements”) with the Company. Subject

to certain exceptions, the Lock-Up Agreements provide for certain restrictions on transfer with respect to Common

Stock held by certain stockholders of Innventure. Such restriction began upon the Closing Date and will end upon

the earlier of (A) the expiration of one year after the completion of the Business Combination and the other

transactions contemplated (the “Transactions”) by the Business Combination Agreement (the “Closing”), and (B)

subsequent to the Closing, (i) if the closing price of our Common Stock equals or exceeds $12.00 per share (as

adjusted for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20

trading days within any 30-trading day period commencing at least 150 days after the Closing, or (ii) the date which

Innventure completes a merger, liquidation, stock exchange, reorganization or other similar transaction after the

Closing that results in all of the public stockholders of the Company having the right to exchange their Common

20

Stock