Company: INV
Filing Date: 2025-04-23
Form Type: 424B3
Source: 0001628280-25-019356
Chunk: 229

Company: Innventure, Inc.
Filing Date: 2025-04-23
Form: 424B3
Chunk 229
---
sidiaries

### Notes to Consolidated Financial Statements
<div align='center'>(in thousands, except share or per share data)</div>

resulting liabilities for these unissued securities are included within Obligation to issue equity on the consolidated balance sheets.

#### Note 14. Stock-based Compensation

#### Capital Incentive Plan
The Predecessor’s capital incentive plan (the “Capital Incentive Plan”), as amended, permitted the grant of 1,585,125 shares of Class C Units to its employees, directors, and consultants, as designated by the Board of Directors. Upon Closing of the Business Combination, the vesting of all Innventure LLC unvested Class C Capital Incentive Plan units was accelerated, resulting in 203,651 units vested and additional compensation expense of $223. The Class C Capital Incentive Plan units were then immediately exchanged as part of the Business Combination for Common Stock.

The Company recognized compensation costs related to the Capital Incentive Plan as follows:

|                      |     | Successor                                             
 Period from October 2, 2024 through December 31, 2024 |   |     | Predecessor                                        
 Period from January 1 2024 through October 1, 2024 |     |     | Year ended        
 December 31, 2023 |     |
|:---------------------|:----|:------------------------------------------------------|:--|:----|:---------------------------------------------------|----:|:----|:------------------|----:|
| Compensation expense |     | $                                                     | — |     | $                                                  | 137 |     | $                 | 205 |

#### 2024 Equity and Incentive Compensation Plan
On October 2, 2024, the Company entered into the 2024 Equity and Incentive Compensation Plan (the “Plan”), wherein the Company is permitted to grant awards to employees, directors, consultants, and former service providers of the Company. The Plan provides for the granting of awards including, restricted stock units (“RSUs”), stock options, and stock appreciation rights (“SARs”). The number of shares of Common Stock available under the Plan is initially limited to 11,022,894. The share limit will automatically increase by 3% on the first day of each fiscal year, beginning in 2025, unless a smaller number of shares is determined by the Board of Directors.

On December 9, 2024, the Company granted 975,409 stock options and 2,036