Company: INV
Filing Date: 2025-04-15
Form Type: POS AM
Source: 0001628280-25-017889
Chunk: 245

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: POS AM
Chunk 245
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 Shares. As such, 2,000,000shares of common stock were issued on February 4, 2025 as a result of the satisfaction of the Milestone.

On January 22, 2025, Refinity entered into a framework agreement with a third party for research services focusing on the further development and optimization of licensed technology, as well as the enhancement and improvement of plastic recycling through pyrolysis. As part of this agreement, Refinity has agreed to pay a minimum fee of € 5,000during the period beginning May 1, 2025, and ending April 30, 2027, with the stipulation that € 2,000be paid in the first 12-month period and € 3,000in the second 12-month period.

On February 1, 2025, the Company entered into a consulting agreement with a third party for services in respect of public relations and investor communications. The agreement includes monthly compensation of 2,500shares of the Company's common stock issued each month services are provided. The initial term of the agreement is for one yearand may be terminated by either party upon seven days’ notice.

On February 3, 2025, and February 27, 2025, twoof the Company’s Series 1 Promissory Notes, discussed in Note 5. Borrowings, matured in an aggregate amount of $ 300and were paid as they became due.

On February 3, 2025, the Company issued 85,471shares of Common Stock for financial advisory and investment banking services rendered.

On February 26, 2025, the Company entered into twoNonqualified Stock Option Agreements, which granted 140,000nonqualified option rights (the “Option”) to twoindividuals, pursuant to the terms of the Plan. According to the Nonqualified Stock Option Agreements, and subject to the terms and conditions of the Nonqualified Stock Option Agreements and the Plan, upon vesting of the Options, the holders will have the option to purchase Common Stock of the Company, at an exercise price of $ 8.84per share (which is equal to the Fair Market Value of the stock on the grant date). The Options have a term of ten yearsand will vest and become exercisable with respect to 25% of the shares of Common Stock underlying the Option on February 26, 2026 and 75% of the shares of Common Stock underlying the Option in eightsubstantially equal