Company: INV
Filing Date: 2025-04-29
Form Type: PRE 14A
Source: 0001628280-25-020657
Chunk: 47

Company: Innventure, Inc.
Filing Date: 2025-04-29
Form: PRE 14A
Chunk 47
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     |        — |
| Total Fees..................................................................................................................  |     | $1,089,934 |     | $400,903 |

**_____________________________ (1) Includes fees for professional services rendered for the audit of the Company’s annual consolidated financial statements and review of the consolidated financial statements included in the Company’s Quarterly Report on Form 10-Q, issuances of comfort letters and consents for securities offerings and for other services that only the Company’s independent registered public accounting firm can reasonably provide. (2) Includes fees for all services other than those covered above under “Audit Fees.” No such fees existed for the year ended December 31, 2023. BDO has advised us that one or more of its partners will be present at the meeting. We understand that these representatives will be available to respond to appropriate questions and will have an opportunity to make a statement if they desire to do so.

25

Change in Auditor**

On October 2, 2024, in connection with the consummation of the Business Combination, the Audit Committee

approved and the Board ratified, the appointment of BDO as the Company’s independent registered public accounting firm,

subject to satisfactory completion of their client acceptance procedures. BDO served as Innventure’s independent

registered public accounting firm prior to the Business Combination. Accordingly, following the filing of the Company’s

Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, we dismissed Marcum, LLP (“Marcum”) as

Learn CW’s and our independent registered public accounting firm.

The reports of Marcum on Learn CW’s balance sheets as of December 31, 2023 and 2022 and the related

statements of operations, changes in stockholders’ equity and cash flows for the years ended December 31, 2023 and 2022

and the related notes (collectively referred to as the “Learn CW financial statements”) did not contain any adverse opinion

or a disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles.

The reports of Marcum on the Learn CW financial statements contained an explanatory paragraph which noted

that there was substantial doubt as to Learn CW’s ability to continue as a going concern as Learn CW had no approved plan

in place to extend the business combination deadline and fund operations for any period of time after October 13, 2024, in

the event that it was unable to complete a business combination by that date.

During the years ended