Company: INV
Filing Date: 2025-04-23
Form Type: 424B3
Source: 0001628280-25-019358
Chunk: 62

Company: Innventure, Inc.
Filing Date: 2025-04-23
Form: 424B3
Chunk 62
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, 2024 was $1,119 , an increase of $1,119 , over the comparable period for the Predecessor year ended December 31, 2023 . This was due to the automatic conversion of promissory notes in the first quarter of 2024 into equity instruments which was treated as an extinguishment thereby generating a loss. There was no equivalent transaction in 2023. Write-off of loan commitment fee asset Write-off of loan commitment fee asset was $10,041 for the Successor period from October 2, 2024 through December 31, 2024 , nil for Predecessor period from January 1, 2024 through October 1, 2024 and nil for the Predecessor year ended December 31, 2023 . Write-off of loan commitment fee asset for the combined twelve 37 months ended December 31, 2024 was $10,041 , an increase of $10,041 , over the comparable period for the Predecessor year ended December 31, 2023 . The increase was due to a one-time write-off of loan commitment fees related to the WTI Fund loan and security agreement where the Company was unable to draw down subsequent loan tranches because it had not met certain revenue and net loss targets set by the lender. These fees included warrants and fees incurred in securing the WTI loans. Loss attributable to non-redeemable non-controlling interests Loss attributable to non-redeemable non-controlling interests was $8,339 for the Successor period from October 2, 2024 through December 31, 2024 , $11,762 for Predecessor period January 1, 2024 through October 1, 2024 and $139 for the Predecessor year ended December 31, 2023 . Loss attributable to non-redeemable non-controlling interests for the combined twelve months ended December 31, 2024 was $20,101 , an increase of $19,962 , or 14,361.2% , over the comparable period for the Predecessor year ended December 31, 2023 . This was due to the increase in Accelsius loss subject to allocable percentage during the year ended December 31, 2024 as compared to the year ended December 31, 2023 . Unrealized gain on available-for-sale debt securities - related party Unrealized gain on available-for-sale debt securities - related party , was a gain of