Company: INV
Filing Date: 2025-04-15
Form Type: POS AM
Source: 0001628280-25-017889
Chunk: 206

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: POS AM
Chunk 206
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 agreement, became due on or around the amendment date but as of December 31, 2024 has not yet been paid and interest will accrue at the rate of 15.99% per annum until paid. The amendment was accounted for as a troubled debt restructuring as the Company was provided a concession through a decrease in the effective interest rate. However, no gain or loss was recognized as a result.

As per the amended note with the second party, the maturity date was extended to January 31, 2025 and the interest rate was increased to 13.50% per annum. Additionally, $ 1,000of the principal amount became due on or around the amendment date but as of December 31, 2024 has not yet been paid.

Interest expense on the related party 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 |   |
|:-----------------------|:----|:------------------------------------------|----:|:----|:----------------------------------------|----:|:----|:-----------------------------|:--|
| Total interest expense |     | $                                         | 611 |     | $                                       | 932 |     | $                            | — |

In addition to the related party notes above, the Company also has a related party note for $ 1,000that had no stated interest or maturity at issuance. The Company formally came to terms on the related party note by executing an unsecured promissory note with the related party on May 2, 2024. As per the terms of the executed agreement, the principal amount became due on December 21, 2024 but as of December 31, 2024 has not yet been paid and interest will now accrue at the rate of 8.00% per annum. Upon maturity, the Company is required to repay the outstanding principal amount of $ 1,000and a loan fee equal to approximately $ 63. There is no stated interest as per the terms of the executed agreement but it provides for interest at the rate of 8.00% per annum on the outstanding amount from the maturity date if the Company fails to pay any amount due on the maturity date.

Convertible Promissory Notes

The Company previously issued 8% convertible promiss