Company: INV
Filing Date: 2025-03-26
Form Type: 424B3
Source: 0001140361-25-010353
Chunk: 154

Company: Innventure, Inc.
Filing Date: 2025-03-26
Form: 424B3
Chunk 154
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., dated October 22, 2024, by and between Company and WTI FUND X, LLC, (2) issued or issuable upon exercise of the Warrant to Acquire Securities of Innventure, Inc., dated October 22, 2024, by and between Company and WTI FUND XI, LLC, (3) issued and issuable upon conversion of any shares of Series B preferred stock issued pursuant to the Investment Agreement, dated September 27, 2024, by and among Learn SPAC Holdco, Inc. and the purchasers listed on Schedule I thereto, (4) issued or issuable upon exercise of the Warrant to Acquire Securities of Innventure, Inc., dated March 31, 2025, by and between Company and WTI Fund XI, LLC, and (5) issued and issuable in connection with any other transaction that would result in the number of shares of Common Stock issued in private offerings exceeding the aggregate number of Common Stock the Company is permitted to issue under the Nasdaq Stock Market rules without obtaining Stockholder Approval (hereinafter defined), would: (i) result in Holder (together with Holder’s affiliates) (a) beneficially owning in excess of 19.99% of the number of shares of Common Stock outstanding immediately after giving effect to such issuance (the “ Maximum Aggregate Ownership Amount”) or (b) controlling in excess of 19.99% of the total voting power of Company’s securities outstanding immediately after giving effect to such issuance that are entitled to vote on a matter being voted on by holders of the Common Stock (the “ Maximum Aggregate Voting Amount”), unless and until Company obtains stockholder approval permitting such issuances in accordance with applicable Nasdaq Stock Market rules (“ Stockholder Approval”); and (ii) result in the aggregate number of shares of Common Stock issued exceeding 19.99% of the outstanding Common Stock as of the date immediately preceding the date hereof (the “ Issuance Cap”) unless and until Company obtains Stockholder Approval. For purposes of this Section 1(d), beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. For purposes of this Section 1(d), in determining the number of outstanding shares of Common Stock, Holder may rely on the number of outstanding shares of Common Stock as reflected in (i) Company’s most recent Quarterly Report on Form 10-Q or Annual