Company: INV
Filing Date: 2025-04-23
Form Type: 424B3
Source: 0001628280-25-019356
Chunk: 64

Company: Innventure, Inc.
Filing Date: 2025-04-23
Form: 424B3
Chunk 64
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 a useful complement to our GAAP results, offering a more comprehensive understanding of our financial health and operational efficiencies.

The following table provides a reconciliation from Net Loss to EBITDA and Adjusted EBITDA for the specified periods:

|                                                  |     | Period from October 2, 2024 through December 31, 2024 | Successor |     | Period from January 1, 2024 through October 1, 2024 | Predecessor |     | Year ended December 31, 2024 | S/P Combined (Non-GAAP) |     | Year ended December 31, 2023 | Predecessor |
|:-------------------------------------------------|:----|:------------------------------------------------------|----------:|:----|:----------------------------------------------------|------------:|:----|:-----------------------------|------------------------:|:----|:-----------------------------|------------:|
| Net Loss                                         |     |                                                       |   -70,093 |     |                                                     |     -28,198 |     |                              |                 -98,291 |     |                              |     -30,984 |
| Interest expense, net(1)                         |     |                                                       |    11,173 |     |                                                     |       1,300 |     |                              |                  12,473 |     |                              |       1,224 |
| Depreciation and amortization expense            |     |                                                       |     5,455 |     |                                                     |         146 |     |                              |                   5,601 |     |                              |           8 |
| Provision for income taxes                       |     |                                                       |     3,282 |     |                                                     |        -432 |     |                              |                   2,850 |     |                              |           — |
| EBITDA                                           |     |                                                       |   -50,183 |     |                                                     |     -27,184 |     |                              |                 -77,367 |     |                              |     -29,752 |
| Transaction and other related costs(2)           |     |                                                       |     2,309 |     |                                                     |       9,414 |     |                              |                  11,723 |     |                              |       3,452 |
| Change in fair value of financial liabilities(3) |     |                                                       |    20,946 |     |                                                     |         478 |     |                              |                  21,424 |     |                              |        -766 |
| Stock based compensation(