Company: INV
Filing Date: 2025-08-14
Form Type: 424B3
Source: 0001628280-25-040416
Chunk: 29

Company: Innventure, Inc.
Filing Date: 2025-08-14
Form: 424B3
Chunk 29
---
|:----|:--------------------------|------:|:----|:----------------------------|:--|
| Interest attributable to contractual interest                         |     | $                         |   683 |     | $                           | — |     | $                         | 1,358 |     | $                           | — |
| Interest attributable to amortization of issuance costs and discounts |     |                           |   348 |     |                             | — |     |                           |   856 |     |                             | — |
| Total interest expense                                                |     | $                         | 1,031 |     | $                           | — |     | $                         | 2,214 |     | $                           | — |

#### Convertible Debentures
On March 25, 2025, the Company entered into a securities purchase agreement (“Securities Purchase Agreement”) with Yorkville related to the issuance and sale of convertible debentures (“Convertible Debentures”) with an aggregate principal amount of up to $30,000. These Convertible Debentures are convertible into shares of Common Stock (as converted, the “Conversion Shares”). The Convertible Debentures contain certain features which qualify as embedded derivatives requiring bifurcation. Therefore, the bifurcated features are accounted for separately as a compound embedded derivative and included within Embedded derivative liability on the condensed consolidated balance sheets. The host contract, which represents the Convertible Debentures excluding the embedded derivative liability is included in Notes payable - current on the condensed consolidated balance sheets. The Company issued the aggregate principal amount of Convertible Debentures in two tranches tied to separate reporting and filing requirements.

On April 14, 2025, the Company issued the first tranche of the Convertible Debentures with a principal amount of $20,000 in accordance with the Securities Purchase Agreement. The first tranche resulted in gross proceeds to the Company of approximately $18,000, representing an original issue discount of 10% and is scheduled to be repaid in twelve monthly payments with a 5% payment premium due to the lender with each payment. Also on April 14, 2025, the Company issued two warrants (the “2025 WTI Warrants”) to purchase, at a price of $0.01 per share (subject to certain limitations and adjustment), up to an aggregate total of 495,074 shares of Common Stock, as of the date of issuance and June 30, 2025 (subject to future adjustments to the number and type of shares pursuant