Company: INV
Filing Date: 2025-10-23
Form Type: S-1
Source: 0001140361-25-039085
Chunk: 229

Company: Innventure, Inc.
Filing Date: 2025-10-23
Form: S-1
Chunk 229
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4 through December 31, 2024, and $ 84for the Predecessor period from January 1, 2024 through October 1, 2024, and $ 116for the Predecessor year ended December 31, 2023. There was a receivable of $ 97and $ —as of December 31, 2024 and 2023, respectively, related to those expenses included in Due from related parties in the consolidated balance sheets.

Note 19. Commitments and Contingencies PCT Guaranty On April 22, 2020, the Company entered into a guaranty with a counterparty to unconditionally guarantee PCT’s obligation to reimburse a $ 5,000pre-payment upon PCT’s failure to meet certain performance thresholds. Performance thresholds include the commission and construction of a plant. The guaranty has no expiration. The total amount paid by the Company under the guaranty is $ 0and total interest paid is $ 0. As of December 31, 2024 and 2023, there was noprincipal outstanding under the guaranty. Patent Agreement Contingent Fees In 2022, the Company entered into two agreements with an MNC to purchase in-process research and development consisting of patents, technology, and knowledge transfer related to cooling technology for critical electronic equipment in a transaction that was determined to be an asset acquisition. Under the terms of the agreements, the Company is required to make minimum installment payments, as disclosed below, for each year of the agreement through February 1, 2040. Each installment payment shall be credited towards and set off against any royalty payments (described below) which may become due. As such, these installment payments serve as minimum amounts due to the MNC each calendar year. F-46

TABLE OF CONTENTS

Innventure, Inc. and Subsidiaries Notes to Consolidated Financial Statements (in thousands, except share or per share data) Minimum royalties included in Patent installment payables on the consolidated balance sheets are due as follows:

| Years Ending December 31, |     |  Amount |
| 2025                      |     |  $1,225 |
| 2026                      |     |     825 |
| 2027                      |     |     825 |
| 2028                      |     |     825 |
| 2029                      |     |     825 |
| Thereafter                |     |   9,