Company: INV
Filing Date: 2025-05-09
Form Type: ARS
Source: 0001628280-25-024065
Chunk: 30

Company: Innventure, Inc.
Filing Date: 2025-05-09
Form: ARS
Chunk 30
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 which raises substantial doubt about its ability to continue as a going concern. • Innventure’s principal revenues are expected to be earned in the future through its Operating Companies, including through AeroFlexx, Accelsius and Refinity, and Innventure depends on its Operating Companies for cash. • Innventure may not be successful in finding future opportunities to license or acquire breakthrough technology solutions from Technology Solutions Providers. • The Innventure Companies are currently early commercial stage companies that may never achieve or sustain profitability. • If Innventure or the Innventure Companies are not able to satisfy the requirements imposed by technology providers or have disagreements with those technology providers, their relationships with these partners could deteriorate, which could have a material adverse effect on the business of Innventure and the Innventure Companies. • The WTI Facility may impair Innventure LLC’s, Innventure’s and the Operating Companies’ financial and operating flexibility. • It is not possible to predict the extent to which Innventure will, intends to, or may rely on Yorkville and the SEPA and the Convertible Debentures as a source of funding. • It is not possible to predict the actual number of shares Innventure will sell under the SEPA or under the Convertible Debentures to Yorkville, or the actual gross proceeds resulting from those sales. • Innventure’s pursuit of new business strategies and acquisitions could disrupt its ongoing business, present risks not originally contemplated and materially adversely affect its business, reputation, results of operations and financial condition. • The market price of our Common Stock is likely to be highly volatile, and you may lose some or all of your investment. • Volatility in Innventure’s share price could subject Innventure to securities class action litigation. • Future sales of shares of our Common Stock or other equity may depress its stock price. 22

• Provisions in our Amended and Restated Certificate of Incorporation (the “A&R Certificate of Incorporation”) and under Delaware law could discourage a takeover that stockholders may consider favorable and may lead to entrenchment of management. • Innventure is an emerging growth company and smaller reporting company, and Innventure cannot be certain if the reduced reporting requirements applicable to emerging growth companies and smaller reporting companies will make its shares less attractive to investors. • Future offerings of debt or offerings or issuances of equity securities by the Innventure may adversely affect the market price of the Common Stock or otherwise dilute all other stockholders. • If Innventure’s estimates or judgments relating to its critical accounting estimates prove to be incorrect or financial