Company: INV
Filing Date: 2025-11-14
Form Type: 424B3
Source: 0001628280-25-052398
Chunk: 74

Company: Innventure, Inc.
Filing Date: 2025-11-14
Form: 424B3
Chunk 74
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5); (B) thereafter, the Company may submit an Advance Notice provided that an Amortization Event (as defined in the Convertible Debentures) has not occurred, or has occurred but is not continuing, and certain other conditions have been satisfied under the Convertible Debentures; and (C) notwithstanding the limitations set forth in (A) and (B) above, if an Amortization Event has occurred and is continuing, the Company may submit an Advance Notice provided that (1) the Company requests an Option 2 Pricing Period (as defined in the SEPA) in such Advance Notice and (2) all of the proceeds from such Advance Notice shall be used to satisfy payments due or coming due pursuant to the Convertible Debentures.

• Pursuant to the Fifth Amendment to Loan and Security Agreement between Innventure LLC and Accelsius, on September 18, 2025 the Company elected to convert $550 of accrued interest outstanding into 45,159 Series A Units of Accelsius.

All convertible notes are subordinated to the WTI Facility and other debt of the Company owed to the WTI Lenders, and the holders of the convertible notes have agreed not to demand repayment while senior obligations remain outstanding.

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Cash Flows

Cash flows associated with operating, investing and financing activities for the nine months ended September 30, 2025 (Successor) and nine months ended September 30, 2024 (Predecessor) are summarized as follows:

|                                                            |     | Successor | Nine months ended September 30, 2025 |     | Predecessor | Nine months ended September 30, 2024 |     | Change |  Amount |     |     | % Change |   |
|:-----------------------------------------------------------|:----|:----------|-------------------------------------:|:----|:------------|-------------------------------------:|:----|:-------|--------:|:----|:----|---------:|:--|
| Net Cash Used in Operating Activities                      |     | $         |                              -56,328 |     | $           |                              -18,647 |     | $      | -37,681 |     |     |    202.1 | % |
| Net Cash Used in Investing Activities                      |     |           |                               -4,079 |     |             |                               -5,822 |     |        |   1,743 |     |     |    -29.9 | % |
|