Company: INV
Filing Date: 2025-10-23
Form Type: S-1
Source: 0001140361-25-039085
Chunk: 244

Company: Innventure, Inc.
Filing Date: 2025-10-23
Form: S-1
Chunk 244
---
 on debt are amortized over the contractual life of the related debt instrument using the effective interest method (unless otherwise specified below) and are included in Interest expense, net in the condensed consolidated statements of operations and comprehensive income (loss).

F-64

TABLE OF CONTENTS

Innventure, Inc. and Subsidiaries Notes to Condensed Consolidated Financial Statements (Unaudited) (in thousands, except share or per share data) The Company’s notes payable, excluding debt issuance costs, mature as follows:

| Year Ending December 31,  
 2025 (remaining 6 months) |     |  Amount 
 $13,011 |
|:--------------------------|:----|--------:|
| 2026                      |     |  29,234 |
| 2027                      |     |   8,244 |
| 2028                      |     |   4,561 |
| Total Debt                |     | $55,050 |

Series 1 Promissory Notes In 2018, the Company authorized the issuance and sale of unsecured promissory notes to investors up to $ 35,000(the “Series 1 promissory notes”). From 2018 to 2021, the Company issued promissory notes with a total principal amount of $ 4,936. The notes require monthly interest payments, have an original maturity period of 36- 48months, and bear interest at 9%- 12% per annum. The notes contain twoterm extension options, at the Company’s election, which can extend the notes’ maturity period to 60months in total. If the Company elects its first term extension option, the note will bear interest at 12% for months 36through 48. If the Company elects its second term extension option, the notes will bear interest at 15% for months 48through 60. Extensions on Series 1 promissory notes were as follows:

|                                                    |     | Interest Rate |     | Three months ended 
 June 30, 2025      
 (Successor)        |     | June 30, 2024 
 (Predecessor) |     | Six months ended 
    June 30, 2025 
      (Successor) |     | June 30, 2024 
 (Predecessor) |
|:---------------------------------------------------|:----|:--------------|:----|:-------------------|:----|:--------------|:----|----------------