Company: INV
Filing Date: 2025-04-23
Form Type: 424B3
Source: 0001628280-25-019358
Chunk: 193

Company: Innventure, Inc.
Filing Date: 2025-04-23
Form: 424B3
Chunk 193
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,784 |
| Net identifiable assets acquired.........................................................................................................               | $147,515 |
| Goodwill............................................................................................................................................... | $667,936 |

The assessment of fair value is preliminary and is based on information that was available to management and through the end of the fiscal year. If additional information of events or circumstances that existed at Closing becomes available to management related to assets acquired or liabilities assumed subsequent to this preliminary assessment of fair value but not later than one year after Closing, measurement period adjustments will be recorded in the period in which they are determined, as if they had been completed at the Closing Date. Goodwill is recognized as the excess of consideration over the net assets acquired of Innventure LLC and represents the value derived by Innventure LLC’s strong market position and assembled workforce. Goodwill arising from the Business Combination is attributable to the Company’s Technology segment and is not deductible for tax purposes.

F-33 Innventure, Inc. and Subsidiaries Notes to Consolidated Financial Statements (in thousands, except share or per share data)

The fair value of definite-lived intangible assets as of the Closing Date included:

|                                                                                                                                                            |   Amount |
| Trade names..........................................................................................................................................      |   17,800 |
| Customer relationships..........................................................................................................................           |    4,600 |
| Developed technology..........................................................................................................................             |  165,100 |
| Total..................................................................................................................................................... | $187,500 |

Refer to Note 9. Goodwill and Intangible Assets for additional information. The Predecessor financial statements for the year ended December 31, 2023, include $ 3,452 transaction costs from Innventure LLC and for the period from January 1, 2024 to October 1, 2024 include $ 9,627 of transaction costs from Innventure LLC. These transaction costs are recorded within General and administrative expenses within the consolidated statements of operations and comprehensive income (loss) . Prior to the Closing Date, Learn CW incurred $ 9,233 of transaction costs related to the Business Combination, which are not reported in the Predecessor consolidated statements of operations and comprehensive income (loss) since Learn CW is not the Predecessor; these transaction costs are included within Accumulated deficit for the Successor period beginning October 2, 2024. Innventure LLC contributed revenues of $ 455 and net loss of $18,333 in the consolidated statements of operations and comprehensive income (loss) for the Successor period from October 2, 2024 through December