Company: INV
Filing Date: 2025-04-15
Form Type: S-1
Source: 0001628280-25-017890
Chunk: 138

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: S-1
Chunk 138
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 exchange for the issuance to the

Glockner Lender of 1,392,059 shares of Series C Preferred Stock on March 24, 2025.

On March 20, 2025, Dr. John Scott agreed to deem as repaid in full and otherwise terminated all loans and other

obligations of Innventure LLC to Dr. John Scott under the A&R Scott Bridge Note and any loan documentation

executed in connection with the A&R Scott Bridge Note in exchange for (i) Dr. John Scott’s receipt in cash of $195

and (ii) the issuance to Dr. John Scott of 226,334 shares of Series C Preferred Stock on March 24, 2025.

Review, Approval or Ratification of Transactions with Related Parties

The Audit Committee has the primary responsibility for reviewing and approving or disapproving “related party

transactions,” which are transactions between the Company and related parties in which the aggregate amount

involved exceeds or may be expected to exceed $120 and in which a related party has or will have a direct or

indirect material interest. The written charter of the Audit Committee provides that the Audit Committee will review

and approve in advance any related party transaction.

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Limitation of Liability and Indemnification of Directors and Executive Officers

Innventure has entered into indemnification agreements with each of Innventure’s directors and executive

officers, the form of which is attached as an exhibit to the Company’s Annual Report on Form 10-K for the year

ended December 31, 2024. The indemnification agreements require Innventure to indemnify its directors and

executive officers to the fullest extent permitted by Delaware law.

Related Party Transaction Policy

Innventure has adopted a formal written policy for the review and approval of transactions with related parties.

Such policy requires, among other things, that:

• the Audit Committee shall review the material facts of all related party transactions;

• in reviewing any related party transaction, the Audit Committee will take into account, among other factors

that it deems appropriate, whether the related party transaction is on terms no less favorable to Innventure

than terms generally available in a transaction with an unaffiliated third-party under the same or similar

circumstances and the extent of the related party’s interest in the transaction;

• in connection with its review of any related party transaction, Innventure shall provide the Audit

Committee with all material information regarding such related party transaction, the interest of the related

party