Company: INV
Filing Date: 2025-04-23
Form Type: 424B3
Source: 0001628280-25-019356
Chunk: 230

Company: Innventure, Inc.
Filing Date: 2025-04-23
Form: 424B3
Chunk 230
---
,476 restricted stock units (together the “Awards”) to certain directors, employees and consultants. The Awards vest over the service periods defined in each individual grant agreement, which is generally accelerated upon a change in control. All RSUs will be vested by May 1, 2027 and all stock options will be vested by April 30, 2027. The fair value of the Awards issued to employees is recognized as compensation expense on a straight-line basis over the requisite service period.

Restricted Stock Units

Each RSU represents the right to receive one share of Common Stock upon vesting of such RSU. The fair value of RSUs is determined based on the closing market price of the Company’s Common Stock at the date of the grant. If a cash dividend is declared on the Company’s Common Stock before the RSUs have vested, holders of RSUs are entitled to received dividends in the form of a cash credit, and shall be paid in cash at the same time as the RSUs are settled.

<div align='center'>F-40</div>

#### Innventure, Inc. and Subsidiaries

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

The summary of RSU activity for the Successor period from October 2, 2024 through December 31, 2024 is as follows:

|                                 |     | Number of Shares |     |           |     | Weighted Average Grant Date Fair Value (per share) |       |
|:--------------------------------|:----|:-----------------|:----|----------:|:----|:---------------------------------------------------|------:|
| Granted on December 9, 2024     |     |                  |     | 2,036,476 |     | $                                                  | 12.20 |
| Vested                          |     |                  |     |   131,468 |     |                                                    | 12.20 |
| Forfeited                       |     |                  |     |         — |     |                                                    |     — |
| Non-vested at December 31, 2024 |     |                  |     | 1,905,008 |     | $                                                  | 12.20 |

During the Successor period from October 2, 2024 through December 31, 2024, the Company recognized compensation costs related to the RSUs of $1,604 within General and administrative expense in the consolidated statements of operations and comprehensive income