Company: INV
Filing Date: 2025-04-23
Form Type: 424B3
Source: 0001628280-25-019358
Chunk: 68

Company: Innventure, Inc.
Filing Date: 2025-04-23
Form: 424B3
Chunk 68
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 registering the resale of the Conversion Shares is declared effective by the SEC and (ii) the Company receives stockholder approval. The Convertible Debentures will not bear interest unless an event of default occurs, in which case the Convertible Debentures will bear interest at an annual rate of 18% . The Convertible Debentures will mature 15 months after the First Closing Date and can be converted into shares of Common Stock at a conversion price to be determined. The Convertible Debentures were and will be issued at an original issue discount of 10% . In connection with the Securities Purchase Agreement, the Company agreed to issue warrants to purchase up to 300,000 shares of Common Stock to the WTI Lenders. These warrants serve as consideration for the WTI Lenders’ consent to the transaction. The warrants have an exercise price of $0.01 per share and are exercisable until March 31, 2035, with additional customary rights and protections. See further discussion of the Convertible Debentures in Note 21. Subsequent Events within the notes to the consolidated financial statements.

41

Cash Flows Cash flows associated with operating, investing and financing activities for the years ended December 31, 2024 and 2023 are summarized as follows:

|                                                                                                                         |                             Successor |     |                         Predecessor |     |            S/PCombined2024 |     |                Predecessor |     |    Change |     |          |
|                                                                                                                         | October 2,2024throughDecember31, 2024 |     | January 1,2024throughOctober 1,2024 |     | Year endedDecember31, 2024 |     | Year endedDecember31, 2023 |     |    Amount |     | % Change |
| Net Cash Used in OperatingActivities.............................................                                       |                             $(29,214) |     |                           $(18,848) |     |                  $(48,062) |     |                  $(19,476) |     | $(28,586) |     | 146.8%   |
| Net Cash Provided by (Used in)Investing Activities.............................                                         |                                 6,822 |     |                              -5,957 |     |                        865 |     |                     -4,667 |     |     5,532 |     | 118.5%   |
| Net Cash Provided by FinancingActivities.............................................                                   |                                33,466 |     |