Company: INV
Filing Date: 2025-04-23
Form Type: 424B3
Source: 0001628280-25-019358
Chunk: 12

Company: Innventure, Inc.
Filing Date: 2025-04-23
Form: 424B3
Chunk 12
---
 they exercise their Innventure Warrants and receive shares of Common Stock. After the issuance of shares of Common Stock upon exercise of the Innventure Warrants, each holder will be entitled to one vote for each share held of record on all matters to be voted on by Innventure stockholders. Ducera Issuance On January 31, 2024, Ducera and Innventure LLC entered into an engagement letter pursuant to which Ducera provided financial advisory and investment banking services to Innventure LLC. On December 23, 2024, the Company, Innventure LLC, and Ducera entered into an amendment to the engagement letter (the “Ducera Engagement Letter”). Pursuant to the Ducera Engagement Letter, the Company was obliged to pay Ducera shares of Common Stock in partial consideration of Ducera’s services as set forth therein. On February 3, 2025, the Company issued to Ducera 85,471 shares of Common Stock pursuant to the terms of the Ducera Engagement Letter. 4 Grail Issuance On October 18, 2024, the Company and Grail Partners LLC entered into a letter agreement (the “Grail Letter Agreement”) pursuant to which Grail Partners LLC, the Company, and Innventure LLC agreed to amend the Letter Agreement, dated October 19, 2023, by and between Innventure LLC and Grail Partners LLC. Pursuant to the Grail Letter Agreement, the Company was obliged to pay an additional success fee for certain financial advisory and merchant banking services provided by issuing $3,000,000 of Series C Preferred Stock to Grail. On March 24, 2025, the Company issued to Grail an aggregate of 300,000 shares of Series C Preferred Stock in settlement of amounts owed pursuant to the terms of the Grail Letter Agreement. Series C Preferred Stock Financing On March 24, 2025 (the “Series C Closing Date”), the Company entered into preferred stock purchase agreements (each, a “Series C Purchase Agreement” and, collectively, the “Series C Purchase Agreements”) with certain purchasers (the “Series C Purchasers”), pursuant to which the Company issued and sold to the Series C Purchasers an aggregate of up to 275,000 shares of the Company’s Series C preferred stock, par value $0.0001 per share (the “Series C Preferred Stock”), in a private placement, at a price of $10.00 per share of Series C Preferred Stock, resulting in an aggregate purchase price of