Company: INV
Filing Date: 2025-04-23
Form Type: 424B3
Source: 0001628280-25-019358
Chunk: 176

Company: Innventure, Inc.
Filing Date: 2025-04-23
Form: 424B3
Chunk 176
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10,780 |
| Total Liabilities...................................................  |           93 |     |     107 |     |      27,861 |     |   8,031 |
| Total Equity (Deficit)..........................................      |      $97,352 |     | $57,915 |     |   $(10,859) |     |  $2,749 |

F-20 Innventure, Inc. and Subsidiaries Notes to Consolidated Financial Statements (in thousands, except share or per share data)

Statements of operation

|                                                                        |                 ESG Fund |     |          |     |                AeroFlexx |     |          |
|                                                                        | Years ended December 31, |     |          |     | Years ended December 31, |     |          |
|                                                                        |                     2024 |     |     2023 |     |                     2024 |     |     2023 |
| Revenue............................................................... |                     $202 |     |     $320 |     |                      $38 |     |      $16 |
| Gross (Loss) Profit.............................................       |                     -735 |     |     -709 |     |                      -57 |     |        1 |
| Net Income (Loss)...............................................       |                  $39,437 |     | $(4,557) |     |                $(13,663) |     | $(8,221) |

Exchange-traded investments The Company previously invested in PureCycle Technologies (“PCT”) as the first company formed in partnership with a multinational corporation. In 2021, PCT merged with a special purpose acquisition company and became a publicly-traded entity. The shares of PCT's common stock held by the Company are classified as an Exchange-traded investment at FVTNI. During the Predecessor period from January 1, 2024 through October 1, 2024 , the Company sold 400,000 PCT shares for aggregate net proceeds of $2,302 . The PCT shares were measured at their fair value immediately prior to the transactions. All remaining PCT shares were derecognized as a result of the Business Combination. Investment in debt securities - AFS On July 1, 2024, the Company entered into a loan agreement with AeroFlexx under which the Company will lend up to $10,000 to AeroFlexx. As of July 1, 2024, the aggregate outstanding principal of working capital interest-