Company: INV
Filing Date: 2025-11-14
Form Type: 424B3
Source: 0001628280-25-052397
Chunk: 21

Company: Innventure, Inc.
Filing Date: 2025-11-14
Form: 424B3
Chunk 21
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 estimated fair value of Level 3 financial assets and liabilities that are measured on a recurring basis for the nine months ended September 30, 2025 (Successor) and the nine months ended September 30, 2024 (Predecessor), respectively, are as follows:

<div align='center'>18</div>

#### Innventure, Inc. and Subsidiaries

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

|                                                |     | Embedded derivative liability - convertible promissory notes |        |     | Embedded derivative liability - August 2025 Notes |       |     | Investment in debt securities - AFS |        |     | Earnout liability |        |     | 2024 WTI Warrant liability |        |     | 2025 WTI Warrant liability |       |     | Embedded derivative liability (asset) - Convertible Debentures |        |
|:-----------------------------------------------|:----|:-------------------------------------------------------------|-------:|:----|:--------------------------------------------------|------:|:----|:------------------------------------|-------:|:----|:------------------|-------:|:----|:---------------------------|-------:|:----|:---------------------------|------:|:----|:---------------------------------------------------------------|-------:|
| Balance as of January 1, 2024 (Predecessor)    |     | $                                                            |  1,994 |     | $                                                 |     — |     | $                                   |      — |     | $                 |      — |     | $                          |      — |     | $                          |     — |     | $                                                              |      — |
| Settlement                                     |     |                                                              | -2,472 |     |                                                   |     — |     |                                     |      — |     |                   |      — |     |                            |      — |     |                            |     — |     |                                                                |      — |
| Change in fair value                           |     |                                                              |    478 |     |                                                   |     — |     |                                     |      — |     |                   |      — |     |                            |      — |     |                            |     — |     |                                                                |      — |
| Balance as of September 30, 2024 (Predecessor) |     | $                                                            |      — |     | $                                                 |     — |     | $                                   |      — |     |