Company: INV
Filing Date: 2025-10-23
Form Type: S-1
Source: 0001140361-25-039085
Chunk: 202

Company: Innventure, Inc.
Filing Date: 2025-10-23
Form: S-1
Chunk 202
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or period from January 1, 2024 through October 1, 2024. Interest expense on the 2025 Notes was as follows:

|                                               |     | Successor         
 October 2, 2024   
 through           
 December 31, 2024 |     |     Predecessor 
 January 1, 2024 
         through 
 October 1, 2024 |     |        Year ended 
 December 31, 2023 |
|:----------------------------------------------|:----|:------------------|:----|----------------:|:----|------------------:|
| Interest attributable to contractual interest |     | $—                |     |            $120 |     |              $583 |

F-26

TABLE OF CONTENTS

Innventure, Inc. and Subsidiaries Notes to Consolidated Financial Statements (in thousands, except share or per share data)

|                                                            |     | Successor         
 October 2, 2024   
 through           
 December 31, 2024 |     |     Predecessor 
 January 1, 2024 
         through 
 October 1, 2024 |     |        Year ended 
 December 31, 2023 |
|:-----------------------------------------------------------|:----|:------------------|:----|----------------:|:----|------------------:|
| Interest attributable to amortization of implied discounts |     | —                 |     |             231 |     |               456 |
| Total interest expense                                     |     | $—                |     |            $351 |     |            $1,039 |

The Company has accrued interest of $ —and $ 634in convertible promissory notes as of December 31, 2024 and 2023, respectively. As of December 31, 2024 and 2023, the unamortized discount was $ —and $ 2,133, respectively. WTI Facility On October 22, 2024, the Company entered into a term loan with WTI Fund X, Inc. and WTI Fund XI, Inc., (collectively, “WTI Lenders”). The terms of the loan provides for a term loan facility in the aggregate principal amount of up to $ 50,000(the “WTI Facility”), of which (i) up to $ 20,000is made available after October 22, 2024 and through November 15, 2024 (the “First Tranche”); (ii)