Company: INV
Filing Date: 2025-11-12
Form Type: 424B3
Source: 0001140361-25-041464
Chunk: 137

Company: Innventure, Inc.
Filing Date: 2025-11-12
Form: 424B3
Chunk 137
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 will be used by AeroFlexx for general business purposes, including to fund AeroFlexx’s working capital needs. The AeroFlexx Loan Agreement contains customary representations, warranties and covenants, including covenants restricting AeroFlexx’s ability to encumber assets and AeroFlexx’s ability to merge or consolidate with another entity. Since the date of the AeroFlexx Loan Agreement, the largest aggregate amount of principal outstanding is $10,000, and no interest or principal has been paid on the Term Loans. As of September 30, 2025, the amount outstanding was $10,000 following the conversion of $7,300 on January 2, 2025 and the inclusion of the $4,400 informal loan under the AeroFlexx Loan Agreement. Subsequent to the date on which the $10,000 cap on the AeroFlexx Loan Agreement was achieved, Innventure has also informally loaned an additional $7,761 to AeroFlexx.

On March 30, 2023, Innventure LLC entered into the Innventure Convertible Line of Credit with Accelsius. Under the Innventure Convertible Line of Credit, Innventure LLC agreed to loan, from time to time, up to $6,000 in term loans to Accelsius, with a minimum loan of $10 per term loan. On December 13, 2023, the Innventure Convertible Line of Credit was amended to increase the aggregate amount available to be loaned to Accelsius to $12,000. On April 10, 2024, the Innventure Convertible Line of Credit was amended to allow for all or any portion of the term loans to be re-borrowed. On July 1, 2024, the Innventure Convertible Line of Credit was amended to remove the requirement that interest under the term loans be paid in kind. On April 1, 2025, the Innventure Convertible Line of Credit was amended to increase the aggregate amount available to be loaned to Accelsius to $20,000, to amend the definition of “Qualified Financing,” and to give Innventure LLC the option to convert into equity any portion of the outstanding principal amount of the term loans being repaid, subject to certain conditions. On September 18, 2025, the Innventure Convertible Line of Credit was amended to convert approximately $550 of accrued interest into Series A Units of Accelsius and to amend the optional conversion terms. Outstanding principal amounts accrue interest at the annual applicable federal