Company: INV
Filing Date: 2025-04-23
Form Type: 424B3
Source: 0001628280-25-019358
Chunk: 209

Company: Innventure, Inc.
Filing Date: 2025-04-23
Form: 424B3
Chunk 209
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Subsidiary Equity Plans Accelsius Subsidiary Equity Plan Accelsius, a subsidiary of the Company, adopted an equity incentive plan on March 24, 2022 (the “Accelsius Subsidiary Equity Plan”). In March 2023, the Accelsius Subsidiary Equity Plan was amended to permit the grant of 3,300,000 Class C units of the subsidiary to the subsidiary’s employees, directors, and consultants, as designated by the Board of Directors. The awards vest over the period defined in each individual grant agreement which is generally accelerated upon a change of control event. Accelsius has the option to repurchase all vested units upon an employee’s termination of employment or service. The summary of Accelsius Subsidiary Equity Plan activity is as follows:

|                                                                                            |                                  Successor Period |     |                               Predecessor Period |     |                            |
|                                                                                            | Period fromOctober 2, 2024throughDecember 31,2024 |     | Period fromJanuary 1, 2024through October1, 2024 |     | Year endedDecember 31,2023 |
| Compensation expense..................................................................     |                                            $1,341 |     |                                             $918 |     |                       $705 |
| Class C units granted..................................................................... |                                           168,500 |     |                                          110,000 |     |                    365,500 |
| Weighted average grant date fair value per share.........................                  |                                            $46.38 |     |                                            $4.41 |     |                      $3.80 |

__________________ Note: The grant date fair value per share for the year ended December 31, 2023 is an average amount. The Company recognizes compensation costs within General and administrative, Sales and marketing and Research and development expense in the consolidated statements of operations and comprehensive income (loss) . As of December 31, 2024 , the Company had $8,103 in unit-based compensation expense remaining to be recognized over approximately 2.42 years .

F-43 Innventure, Inc. and Subsidiaries Notes to Consolidated Financial Statements (in thousands, except share or per share data)

The grant date fair value was estimated using an Option Pricing Model to allocate the total equity value of Accelsius to the Class C Units. The total equity value was estimated using the Discounted Cash Flow method and Management’s projections. The resulting values