Company: INV
Filing Date: 2025-04-15
Form Type: POS AM
Source: 0001628280-25-017889
Chunk: 196

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: POS AM
Chunk 196
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limit until the maturity date. The loans bear interest at the applicable federal rate published by the Internal Revenue Service and is adjusted on a quarterly basis.

The Company has an option to convert the outstanding principal amount of the term loans and any unpaid accrued interest into shares or units in connection with the next issuance of equity securities by AeroFlexx, at a price equal to 100% of the price per share or unit and on the same terms and conditions as apply to such issuance.

If, by January 1, 2025, AeroFlexx has not raised equity financing equal to or more than a target of $ 10,000, then on January 2, 2025, the outstanding principal and any unpaid accrued interest on the term loans will automatically convert into Class D preferred units of AeroFlexx at the same price per unit and on the same terms and conditions as the Class D preferred unit of AeroFlexx purchased by the Company prior to the date of this loan agreement, up to the amount necessary to reach the $ 10,000target.

The Company accounted for the loans as an investment in debt securities and classified them as available for sale debt securities. Based on the AFS classification, the Company records this investment at fair value at each reporting date and as such recorded the changes in fair value of these loans (including the adjustment to fair value at inception date) in Other Comprehensive Income ("OCI").

The amortized cost, gross unrealized gains and losses, and fair value of AFS debt securities as of December 31, 2024 is represented in the table below:

|                                     |     | Amortized cost |        |     | Gross unrealized gains |     |     | Fair value |        |
|:------------------------------------|:----|:---------------|-------:|:----|:-----------------------|----:|:----|:-----------|-------:|
| Investment in Debt Securities - AFS |     | $              | 10,278 |     | $                      | 909 |     | $          | 11,187 |

<div align='center'>F-20</div>

#### Innventure, Inc. and Subsidiaries

### Notes to Consolidated Financial Statements
<div align='center'>(in thousands, except share or per share data)</div>

At December 31, 2024, there was noallowance for credit loss related to the available for sale securities portfolio. Accrued interest receivableon available for sale debt securities totaled $ 216at December