Company: INV
Filing Date: 2025-04-15
Form Type: S-1
Source: 0001628280-25-017890
Chunk: 229

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: S-1
Chunk 229
---
 |                                  $146 |     |                         $8 |
| Net Loss:                                                                                           |                                        |     |                                       |     |                            |
| Technology....................................................................................      |                               $(8,758) |     |                             $(16,652) |     |                  $(10,617) |
| Other.............................................................................................. |                                -61,335 |     |                               -11,546 |     |                    -20,367 |
| Consolidated Net Loss................................................................               |                              $(70,093) |     |                             $(28,198) |     |                  $(30,984) |
| Capital Expenditures:                                                                               |                                        |     |                                       |     |                            |
| Technology....................................................................................      |                                   $266 |     |                                  $736 |     |                       $645 |
| Other.............................................................................................. |                                      — |     |                                     — |     |                          — |
| Consolidated Capital Expenditures...........................................                        |                                   $266 |     |                                  $736 |     |                       $645 |

**All long-lived assets are located entirely in the United States of America (USA). Segment assets are not

reviewed by the CODM and therefore are not disclosed.

Note 21. Subsequent Events In connection with the preparation of the consolidated financial statements and related disclosures for the period ended December 31, 2024 , management has evaluated events through April 14, 2025, which is the date the consolidated financial statements were available to be issued. Events occurring after December 31, 2024 are:

F-52

Innventure, Inc. and Subsidiaries

Notes to Consolidated Financial Statements

(in thousands, except share or per share data)

The Company sold 422,999 of Accelsius Series A Units for aggregate proceeds of approximately $ 5,150 . This amount will be reflected in non-controlling interests in the consolidated statements of changes in stockholders' equity (deficit) in future periods. As part of the term loan agreement with AeroFlexx, AeroFlexx did not raise equity financing up to the target amount by January 1, 2025 as discussed in Note 3. Investments . Therefore, on January 2, 2025, $ 7,250 of outstanding principal and accrued interest was subject to mandatory conversion. Using the price per unit of $ 6.83 , the Company obtained 1,060,747 Class D preferred units through the mandatory conversion. Based on the increase of Class D preferred units, the Company