Company: INV
Filing Date: 2025-05-09
Form Type: ARS
Source: 0001628280-25-024065
Chunk: 107

Company: Innventure, Inc.
Filing Date: 2025-05-09
Form: ARS
Chunk 107
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 and 2023, respectively. The Company’s carrying amounts and maximum exposure relating to AeroFlexx, were as follows: Successor Predecessor December 31, 2024 December 31, 2023 Asset type Carrying Amount Maximum Exposure to Loss Carrying Amount Maximum Exposure to Loss Equity method investment in AeroFlexx ............ $ 16,930 $ 16,930 $ 1,570 $ 1,570 Investments in debt securities - AFS ................... 11,187 11,187 — — Due from related party ........................................ 4,472 4,472 2,600 2,600 Total .................................................................. $ 32,589 $ 32,589 $ 4,170 $ 4,170 Table of Contents Innventure, Inc. and Subsidiaries Notes to Consolidated Financial Statements (in thousands, except share or per share data) 75

Summarized financial information: Balance sheets ESG Fund AeroFlexx December 31, December 31, 2024 2023 2024 2023 Total Assets ......................................................... $ 97,445 $ 58,022 $ 17,002 $ 10,780 Total Liabilities ................................................... 93 107 27,861 8,031 Total Equity (Deficit) .......................................... $ 97,352 $ 57,915 $ (10,859) $ 2,749 Statements of operation ESG Fund AeroFlexx Years ended December 31, Years ended December 31, 2024 2023 2024 2023 Revenue ............................................................... $ 202 $ 320 $ 38 $ 16 Gross (Loss) Profit ............................................. (735) (709) (57) 1 Net Income (Loss) ............................................... $ 39,437 $ (4,557) $ (13,663) $ (8,221) Exchange-traded investments The Company previously invested in PureCycle Technologies (“PCT”) as the first company formed in partnership with a multinational corporation. In 2021, PCT merged with a special purpose acquisition company and became a publicly-traded entity. The shares of PCT's common stock held by the Company are classified as an Exchange- traded investment at FVTNI. During the Predecessor period from January 1, 2024 through October 1, 2024, the Company sold 400,000 PCT shares for aggregate net proceeds of $2,302. The P