Company: INV
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0002001557-25-000011
Chunk: 6

Company: Innventure, Inc.
Filing Date: 2025-09-16
Form: 424B3
Chunk 6
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ure”). On May 15, 2025, the Company issued an Existing Convertible Debenture to Yorkville with an original principal amount of $10,000,000 (the “Second Convertible Debenture” and, together with the First Convertible Debenture, the “Existing Debentures”). On June 4, 2025, Yorkville and the Company entered into an amendment to the Existing Debentures (the “Previous Amendment”), pursuant to which the parties agreed to amend the definition of “Conversion Price.”

On the Agreement Date, Yorkville and the Company entered into an additional amendment to the Existing Debentures (the “Second Amendment”), pursuant to which the parties agreed to (i) remove the monthly cash payments set forth in the Existing Debentures in Section 1(c) and Exhibit I, following the repayment of the approximately $2,000,000 due on September 14, 2025 pursuant to the Existing Debentures (the “September Payment”), which September Payment will not include any premium and will be deducted from the gross proceeds received by the Company from the issuance of the Third Convertible Debenture on the First Closing; (ii) introduce cash payments only in connection with an amortization event, along the lines set forth above with respect to the newly issued Convertible Debentures; (iii) amend the definition of “Conversion Price” as set forth in Section 12(n) of the Existing Debentures to track the definition of Conversion Price set forth above with respect to the newly issued Convertible Debentures, with a Floor Price of $1.59, the price equal to 20% of

the Minimum Price of the Common Stock as of March 25, 2025, the date of the Previous Purchase Agreement (as calculated pursuant to the rules of the Nasdaq Stock Market); and (iv) institute a cap on the number of shares of Common Stock issuable upon conversion of the Existing Debentures if the issuance of such Common Stock would exceed the aggregate number of Common Stock that the Company may issue in compliance with the Company’s obligations under the rules or regulations of the Nasdaq Stock Market. The cap will not apply if the Company obtains the approval of its stockholders as required by the applicable rules of the Nasdaq Stock Market for issuances of Common Stock in excess of such amount, or if the Company obtains a written opinion from outside counsel to the Company that such stockholder approval is not required. The Company also agreed to take all steps