Company: INV
Filing Date: 2025-10-23
Form Type: S-1
Source: 0001140361-25-039085
Chunk: 259

Company: Innventure, Inc.
Filing Date: 2025-10-23
Form: S-1
Chunk 259
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 Upon Closing of the Business Combination, the Company became liable for $ 441of Common Stock divided by the conversion price of $ 10.87, resulting in 40,552shares. In connection with the closing of the WTI Facility mentioned in Note 5. Borrowings, the Company became liable for $ 500worth of Common Stock calculated as the VWAP of the Common Stock over the fiveconsecutive trading days ending on the trading day immediately preceding November 15, 2024, $ 11.13, for a total of 44,919shares. On February 3, 2025, the Company has issued the aggregate 85,471shares of Common Stock for services rendered. In October 2023, the Company entered into an agreement to receive financial advisory services in exchange for equity. Upon Closing of the Business Combination, the Company was obligated to pay a success fee in cash in an amount of $ 600and equity success fee in $ 3,000of Series C Preferred Stock at $ 10.00per share. On March 24, 2025, the Company issued the 300,000shares of Series C Preferred Stock for services rendered. Note 12. Stock-based Compensation 2024 Equity and Incentive Compensation Plan Restricted Stock Units On June 25, 2025, the Company issued 111,525restricted stock units (“RSUs”) to fivedirectors pursuant to the Innventure Non-Management Director Compensation Plan . The RSUs had a grant date fair value of $ 600based on a fair value per unit of $ 5.38. 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. During the three and six months ended June 30, 2025 (Successor), the Company recognized compensation costs related to the RSUs of $ 6,979and $ 10,895, respectively, in the condensed consolidated statements of operations and comprehensive income (loss). As of June 30, 2025, the Company had $ 12,946in stock-based compensation expense remaining to be recognized over approximately 1.4years. Stock Options On February 26, 2025, the Company issued 140,000stock options to twoindependent contractors. The stock options were granted with an exercise price of $ 8.84. Using the Black-Scholes option pricing model, the estimated grant date fair value of stock options was $ 4.