Company: INV
Filing Date: 2025-04-15
Form Type: S-1
Source: 0001628280-25-017890
Chunk: 165

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: S-1
Chunk 165
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 least 150 days after the Business Combination. Any of their

Innventure Warrants and shares of Common Stock underlying such warrants were also locked up until thirty (30)

days after the completion of the Business Combination.

Rule 144

Subject to the further restrictions described below under “ Restrictions on the Use of Rule 144 for Securities of

Shell Companies or Former Shell Companies ,” pursuant to Rule 144 under the Securities Act (“Rule 144”), a person

who has beneficially owned restricted Common Stock or Innventure Warrants for at least six (6) months would be

entitled to sell their securities provided that (i) such person is not deemed to have been an affiliate of Innventure at

the time of, or at any time during the three (3) months preceding, a sale and (ii) Innventure is subject to the

Exchange Act periodic reporting requirements for at least three (3) months before the sale and has filed all required

reports under Section 13 or 15(d) of the Exchange Act during the twelve (12) months (or such shorter period as

Innventure was required to file reports) preceding the sale.

Persons who have beneficially owned Restricted Shares of Common Stock or Innventure Warrants for at least

six months but who are affiliates of Innventure at the time of, or at any time during the three months preceding, a

sale, would be subject to additional restrictions, by which such person would be entitled to sell within any three-

month period only a number of securities that does not exceed the greater of:

• one percent (1%) of the total number of Common Stock then outstanding; or

99

• the average weekly reported trading volume of Common Stock during the four calendar weeks preceding

the filing of a notice on Form 144 with respect to the sale.

Sales by affiliates of Innventure under Rule 144 are also limited by manner of sale provisions and notice

requirements and to the availability of current public information about Innventure.

Restrictions on the Use of Rule 144 for Securities of Shell Companies or Former Shell Companies

Rule 144 is not available for the resale of securities initially issued by shell companies (other than business

combination related shell companies) or issuers that have been at any time previously a shell company. However,

Rule 144 also includes an important exception to this prohibition if the following conditions are met:

• the issuer of the securities that was formerly a shell company has ceased to be a shell company;

• the issuer of the securities is