Company: INV
Filing Date: 2025-11-14
Form Type: 424B3
Source: 0001628280-25-052396
Chunk: 31

Company: Innventure, Inc.
Filing Date: 2025-11-14
Form: 424B3
Chunk 31
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5 (Successor). The legal requirement to maintain at least $5,000 of cash on deposit is presented as Restricted cash on the condensed consolidated balance sheets.

Interest expense on this facility was as follows:

|                                                                       |     | Three months ended             
 September 30, 2025 (Successor) |       |     | September 30, 2024 (Predecessor) |   |     | Nine months ended              
 September 30, 2025 (Successor) |       |     | September 30, 2024 (Predecessor) |   |
|:----------------------------------------------------------------------|:----|:-------------------------------|------:|:----|:---------------------------------|:--|:----|:-------------------------------|------:|:----|:---------------------------------|:--|
| Interest attributable to contractual interest                         |     | $                              |   690 |     | $                                | — |     | $                              | 2,048 |     | $                                | — |
| Interest attributable to amortization of issuance costs and discounts |     |                                |   601 |     |                                  | — |     |                                | 1,457 |     |                                  | — |
| Total interest expense                                                |     | $                              | 1,291 |     | $                                | — |     | $                              | 3,505 |     | $                                | — |

#### Convertible Debentures
On March 25, 2025, the Company entered into a securities purchase agreement (“Existing Purchase Agreement”) with Yorkville related to the issuance and sale of convertible debentures (“Existing Convertible Debentures” collectively with the New Convertible Debentures defined below, the “Convertible Debentures”) with an aggregate principal amount of up to $30,000. The Existing Convertible Debentures are convertible into shares of Common Stock and contain certain features that represent embedded derivatives, which are bifurcated and included within Prepaid expenses and other current assets on the condensed consolidated balance sheets. The Company issued the aggregate principal amount of the Existing Convertible Debentures in two tranches tied to separate reporting and filing requirements.

On April 14, 2025, the Company issued the first tranche of the Existing Convertible Debentures with a principal amount of $20,000, resulting in cash proceeds to the Company of $18,000, representing an original issue discount of 10%. The first tranche was scheduled to be repaid in twelve monthly payments with a