Company: INV
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001628280-25-017614
Chunk: 184

Company: Innventure, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 8
Chunk 184
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 Innventure Members. Refer to Note 10. Earnout Shares for more details.(3) The non-controlling interest represents the fair value of equity in Accelsius held by non-controlling parties. The fair value is calculated using a discounted cash flow methodology to determine the Accelsius equity value which is pro rated by the non-controlling ownership percentage (Level 3). Significant inputs used to measure the fair value of the non-controlling interest include the long-term growth rate of 3%, normalized tax rate of 27.9%, normalized net working capital of 18%, and weighted average cost of capital of 17.6%. Investing cash flow activity as a result of the Business Combination is summarized as follows:

88

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

AmountCash consideration transferred$— Add: Cash and cash equivalents acquired16 Investing cash flow activity as a result of the Business Combination$16 On the Closing Date, Innventure settled certain obligations using cash from the Learn CW trust account that was released at Closing and financing secured through Series B Preferred Stock. The financing secured through Series B Preferred Stock is discussed in Note 13. Stockholders' Equity. AmountCash proceeds from Learn CW trust account$11,342 Net cash proceeds from Series B Preferred Stock issuance10,572 Total Innventure, Inc. cash sources$21,914 Payment of Learn CW accounts payable and accrued expenses$9,233 Payment of Learn CW promissory note due to Sponsor4,628 Payment of Innventure LLC transaction costs at Closing6,206 Total cash uses$20,067 Net cash proceeds$1,847 The Business Combination has been accounted for as a business combination using the acquisition method of accounting. The total purchase price was allocated to the tangible and identifiable intangible assets acquired and liabilities assumed based on their respective fair values on the acquisition date. The purchase consideration was allocated to the following assets and liabilities:

89

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

AmountAssets acquired: Cash and cash equivalents$16 Accounts receivable117 Due from related parties210 Inventory2,824 Prepaid expenses and other current assets1,955 Equity method investments18,449 Investment in debt securities - AFS10,172 Property, plant, and equipment1,