Company: INV
Filing Date: 2025-04-15
Form Type: S-1
Source: 0001628280-25-017890
Chunk: 2

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: S-1
Chunk 2
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 Stock This prospectus relates to offer and sale from time to time by the selling securityholders named in this prospectus (each a “Selling Stockholder” and collectively, the “Selling Stockholders”), or their permitted transferees, of up to 15,965,989 shares of the common stock, par value $0.0001 per share (“Common Stock”), of Innventure, Inc., a Delaware corporation, which includes (i) up to 8,480,518 shares of Common Stock that may be issued upon conversion of Series C Preferred Stock (as defined below), (ii) 85,471 shares of Common Stock issued to Ducera Partners LLC and its affiliates (“Ducera”) pursuant to the terms of an engagement letter (the “Ducera Engagement Letter”), (iii) up to 3,000,000 shares of Common Stock that may be issued upon conversion of convertible debentures (the “Convertible Debentures”) issued and issuable to YA II PN, Ltd., a Cayman Islands exempted company (“Yorkville”) pursuant to that certain securities purchase agreement (“Securities Purchase Agreement”), dated March 25, 2025, entered into with Yorkville, (iv) up to 4,100,000 shares of Common Stock that we may issue and sell to Yorkville from time to time pursuant to the Standby Equity Purchase Agreement (the “SEPA”), dated October 24, 2023, entered into with Yorkville without exceeding the Exchange Cap (as defined herein), and (v) 300,000 shares of Common Stock that may be issued upon exercise of warrants (the “2025 WTI Warrants”) to purchase Common Stock held by WTI Fund X, LLC and WTI Fund XI, LLC (together, the “WTI Holders”). For more information on the Selling Stockholders, see the section entitled “ Selling Stockholders .” This prospectus also relates to the issuance by us of up to an aggregate of 18,386,688 shares of Common Stock issuable upon the exercise of warrants to purchase shares of our Common Stock, at an exercise price of $11.50 per share, that were converted from Learn CW Warrants (as defined in this prospectus) in connection with the Business Combination (the “Innventure Warrants”). We will receive the proceeds from any exercise of any Innventure Warrants for cash, which amount of aggregate proceeds, assuming the exercise of all Innventure Warrants, would be $214