Company: INV
Filing Date: 2025-04-15
Form Type: S-1
Source: 0001628280-25-017890
Chunk: 14

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: S-1
Chunk 14
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Securities Act of 1933, as amended (the “Securities Act”), with respect to the shares of Common Stock underlying

the Innventure Warrants is then effective and a prospectus relating thereto is current, subject to our satisfying our

obligations with respect to registration, or a valid exemption from registration is available. In the event that such

conditions are not satisfied with respect to an Innventure Warrant, the holder of such Innventure Warrant will not be

entitled to exercise such Innventure Warrant and such Innventure Warrant may have no value and expire worthless.

In no event will we be required to net cash settle any Innventure Warrant.

No fractional shares will be issued upon exercise. If, upon exercise, a holder would be entitled to receive a

fractional interest in a share, we will round down to the nearest whole number of the number of shares to be issued

to the holder.

The Innventure Warrant holders do not have the rights or privileges of holders of shares of Common Stock or

any voting rights until they exercise their Innventure Warrants and receive shares of Common Stock. After the

issuance of shares of Common Stock upon exercise of the Innventure Warrants, each holder will be entitled to one

vote for each share held of record on all matters to be voted on by Innventure stockholders.

Ducera Issuance

On January 31, 2024, Ducera and Innventure LLC entered into an engagement letter pursuant to which Ducera

provided financial advisory and investment banking services to Innventure LLC. On December 23, 2024, the

Company, Innventure LLC, and Ducera entered into an amendment to the engagement letter (the “Ducera

Engagement Letter”). Pursuant to the Ducera Engagement Letter, the Company was obliged to pay Ducera shares of

Common Stock in partial consideration of Ducera’s services as set forth therein. On February 3, 2025, the Company

issued to Ducera 85,471 shares of Common Stock pursuant to the terms of the Ducera Engagement Letter.

4

Grail Issuance

On October 18, 2024, the Company and Grail Partners LLC entered into a letter agreement (the “Grail Letter

Agreement”) pursuant to which Grail Partners LLC, the Company, and Innventure LLC agreed to amend the Letter

Agreement, dated October 19, 2023, by and between Innventure LLC