Company: INV
Filing Date: 2025-04-23
Form Type: 424B3
Source: 0001628280-25-019356
Chunk: 192

Company: Innventure, Inc.
Filing Date: 2025-04-23
Form: 424B3
Chunk 192
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 The Company does not have power to direct AeroFlexx's operations. AeroFlexx’s core operations are not closely associated with the Company and it was not created specifically to provide substantially all benefits to Innventure. Therefore, the Company is not considered the primary beneficiary and does not consolidate AeroFlexx as a VIE. The Company accounts for its investments in AeroFlexx under the equity method and held a 34% and 31% interest in AeroFlexx as of December 31, 2024 and 2023, respectively.

The Company’s carrying amounts and maximum exposure relating to AeroFlexx, were as follows:

|                                       |     | Successor       | December 31, 2024 |     |                          |        |     | Predecessor     | December 31, 2023 |     |                          |       |
|:--------------------------------------|:----|:----------------|------------------:|:----|:-------------------------|-------:|:----|:----------------|------------------:|:----|:-------------------------|------:|
| Asset type                            |     | Carrying Amount |                   |     | Maximum Exposure to Loss |        |     | Carrying Amount |                   |     | Maximum Exposure to Loss |       |
| Equity method investment in AeroFlexx |     | $               |            16,930 |     | $                        | 16,930 |     | $               |             1,570 |     | $                        | 1,570 |
| Investments in debt securities - AFS  |     |                 |            11,187 |     |                          | 11,187 |     |                 |                 — |     |                          |     — |
| Due from related party                |     |                 |             4,472 |     |                          |  4,472 |     |                 |             2,600 |     |                          | 2,600 |
| Total                                 |     | $               |            32,589 |     | $                        | 32,589 |     | $               |             4,170 |     | $                        | 4,170 |

Summarized financial information:

Balance sheets

|                        |     | ESG Fund 
 2024     | December 31, |     | 2023 |        |     | AeroFlexx 
 2024      | December 31, |     | 2023 |        |
|:-----------------------|:----|:---------|