Company: INV
Filing Date: 2025-11-12
Form Type: 424B3
Source: 0001140361-25-041464
Chunk: 253

Company: Innventure, Inc.
Filing Date: 2025-11-12
Form: 424B3
Chunk 253
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 to Yorkville, the Company and Innventure LLC entered into a consent (the “Consent”) with WTI Fund X, LLC and WTI Fund XI, LLC (the “WTI Holders”) and the WTI Lenders, modifying the WTI Facility. Specifically, under the Consent, the Company and the WTI Lenders and WTI Holders agreed (i) that from and after the date that the Company receives the initial proceeds from the Convertible Debentures and until such time as such obligations have been paid in full, the Company must maintain at least $5,000 of cash on deposit; (ii) that effective on the date that the Company receives the initial proceeds from the Convertible Debentures, the 2025 WTI Warrants will become payable to the WTI Lenders and their affiliates; and (iii) to certain additional consent provisions. Such provisions from the Consent became effective on April 14, 2025 when the Company received proceeds from the Convertible Debentures. The modification of the WTI Facility was

F-66

TABLE OF CONTENTS

Innventure, Inc. and Subsidiaries Notes to Condensed Consolidated Financial Statements (Unaudited) (in thousands, except share or per share data) accounted for as an extinguishment of debt though the WTI Facility remains outstanding, resulting in a loss on extinguishment of $3,462 recorded on the condensed consolidated statements of operations and comprehensive income (loss) for the three and six months ended June 30, 2025 (Successor). The legal requirement to maintain at least $5,000 of cash on deposit is presented as Restricted cash on the condensed consolidated balance sheets. Interest expense on this facility was as follows:

|                                                                       |     | Three months ended 
      June 30, 2025 
        (Successor) |     | June 30, 2024 
 (Predecessor) |     | Six months ended 
    June 30, 2025 
      (Successor) |     | June 30, 2024 
 (Predecessor) |
|:----------------------------------------------------------------------|:----|-------------------:|:----|:--------------|:----|-----------------:|:----|:--------------|
| Interest attributable to contractual interest                         |     |               $683 |     | $—            |     |           $1,358 |     | $—            |
| Interest attributable to amortization of issuance costs and discounts |     |