Company: INV
Filing Date: 2025-05-09
Form Type: DEF 14A
Source: 0001628280-25-024060
Chunk: 32

Company: Innventure, Inc.
Filing Date: 2025-05-09
Form: DEF 14A
Chunk 32
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 or AeroFlexx, Accelsius Holdings LLC (“Accelsius”) and Refinity Olefins, LLC

(“Refinity,” together with AeroFlexx and Accelsius, the “Innventure Companies”) has been or is to be a participant and:

• the amount involved exceeded or exceeds $120; and

• any of such company’s directors, executive officers, or holders of more than 5% of its capital stock, or any

immediate family member of, or person sharing the household with, any of these individuals, had or will have

a direct or indirect material interest.

**Transactions with AeroFlexx, Accelsius, Innventus ESG Fund I, L.P., and Innventure1, LLC

Management Services**

Pursuant to a Management Services Agreement dated August 17, 2018, among Innventure Management Services,

LLC (“Management Services”), a wholly owned subsidiary of Innventure LLC, Innventure GP LLC (“Innventure GP”) and

Innventus ESG Fund I, L.P. (the “ESG Fund”), Innventure earns management fees for providing administrative, finance

and accounting services and other back-office functions for the ESG Fund. For the years ended December 31, 2024 and

2023, the ESG Fund paid $800 and $800, respectively, for these management services. As of December 31, 2024 and 2023,

the ESG Fund owed to Management Services approximately $600 and $0, respectively.

Additionally, pursuant to the ESG Fund’s Amended and Restated Limited Partnership Agreement, the ESG Fund

may offset the management services fees owed to Innventure GP and Management Services by the amount in which the

ESG Fund’s expenses exceed $800, for a total of $0 and $0 of costs reimbursed in the fiscal years ended December 31,

2024 and 2023, respectively.

**Option Agreement**

On March 12, 2021, Innventure LLC entered into a purchase option agreement with the ESG Fund (then known as

Innventus Fund I, L.P.), pursuant to which the ESG Fund agreed to forfeit previously issued warrants to purchase Class B-1

Preferred Units of Innventure LLC in exchange for the grant of an irrevocable option to purchase (i) 145,161 shares of

common stock, par value $0.001 per share, of PCT at an exercise price of $1.00 per share