Company: INV
Filing Date: 2025-05-19
Form Type: 424B3
Source: 0001628280-25-026459
Chunk: 38

Company: Innventure, Inc.
Filing Date: 2025-05-19
Form: 424B3
Chunk 38
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ains, any unused portion of the minimum fee for Year 1 will be deferred to Year 2 and added to the Year 2 minimum fee. Expenses for services from contracts under the Framework Agreement are recognized as incurred and are applied to the minimum fee.

#### Note 17. Business Segment Data
The Company’s Chief Executive Officer is the Chief Operating Decision Maker (“CODM”) of the Company. The CODM makes operating decisions, allocates resources and assesses performance based on review of historical and potential future product sales, operating expenses, and net income (loss).

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#### Innventure, Inc. and Subsidiaries

### Notes to Condensed Consolidated Financial Statements
<div align='center'>(Unaudited) (in thousands, except share or per share data)</div>

Based on the information utilized by the CODM to operate the Company, there is one operating segment and reportable segment, Technology. The Technology segment includes the business activities of Accelsius, a consolidated subsidiary focused on development and manufacture of data center cooling products. Other components of the Company’s consolidated information primarily include operations relating to the original platform business, service activities, Refinity, and equity method investment activities (“Other”).

The following table presents information about the Company’s Technology segment for the three months ended March 31, 2025 (Successor) and the three months ended March 31, 2024 (Predecessor). The information includes the significant expense categories and amounts regularly provided to the CODM for the reportable segment, which may reflect a different presentation than amounts presented elsewhere in the condensed consolidated financial statements. Inter-segment transactions are not eliminated from segment results when management considers those transactions in assessing the results of the Technology segment.

|                                  |     | Successor                         
 Three months ended March 31, 2025 |          |     | Predecessor                       
 Three months ended March 31, 2024 |        |
|:---------------------------------|:----|:----------------------------------|---------:|:----|:----------------------------------|-------:|
| Revenue                          |     | $                                 |        1 |     | $                                 |      — |
| Interest income                  |     |                                   |        4 |     |                                   |      — |
| Cost of sales                    |     | $                                 |      184 |     | $                                 |      — |
| Employee costs                   |     |                                   |    4,287 |     |                                   |  2,629 |