Company: INV
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001628280-25-017614
Chunk: 200

Company: Innventure, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 8
Chunk 200
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 recognized immediately at the date of grant. During the Successor period from October 2, 2024 through December 31, 2024, the Company recorded $13,531 in compensation expense related to the SARs within General and administrative expense in the consolidated statements of operations and comprehensive income (loss).The summary of SARs activity for the Successor period from October 2, 2024 through December 31, 2024 is as follows:

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Table of ContentsInnventure, Inc. and SubsidiariesNotes to Consolidated Financial Statements(in thousands, except share or per share data)

Cash-settled SARsStock-settled SARsNumber of SharesWeighted Average Exercise PriceWeighted Average Grant Date Fair Value (per share)Number of SharesWeighted Average Exercise PriceWeighted Average Grant Date Fair Value (per share)Granted on December 9, 202430,000 $12.18 $38.66 320,000 $12.18 $38.66 Vested— — — — — — Exercised— — — — — — Forfeited— — — — — — Outstanding at December 31, 202430,000 $12.18 $38.66 320,000 $12.18 $38.66 Exercisable at December 31, 2024— — — — — — Subsidiary Equity PlansAccelsius Subsidiary Equity PlanAccelsius, a subsidiary of the Company, adopted an equity incentive plan on March 24, 2022 (the “Accelsius Subsidiary Equity Plan”). In March 2023, the Accelsius Subsidiary Equity Plan was amended to permit the grant of 3,300,000 Class C units of the subsidiary to the subsidiary’s employees, directors, and consultants, as designated by the Board of Directors. The awards vest over the period defined in each individual grant agreement which is generally accelerated upon a change of control event. Accelsius has the option to repurchase all vested units upon an employee’s termination of employment or service. The summary of Accelsius Subsidiary Equity Plan activity is as follows:Successor PeriodPredecessor PeriodPeriod from October 2, 2024 through December 31, 2024Period from January 1, 2024 through October