Company: INV
Filing Date: 2025-04-15
Form Type: S-1
Source: 0001628280-25-017890
Chunk: 146

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: S-1
Chunk 146
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ancery (the “Chancery Court”) of the State of Delaware.

Stockholders’ Derivative Actions

Under the DGCL, any of Innventure’s stockholders may bring an action in Innventure’s name to procure a

judgment in Innventure’s favor, also known as a derivative action, provided that the stockholder bringing the action

is a holder of Innventure’s shares at the time of the transaction to which the action relates or such stockholder’s

stock thereafter devolved by operation of law.

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Amendment of the A&R Certificate of Incorporation

The A&R Certificate of Incorporation provides that, in addition to any other vote that may be required by law,

applicable stock exchange rule or the terms of any series of preferred stock, the affirmative vote of at least two-

thirds of the outstanding shares entitled to vote generally in the election of directors will be required to amend or

repeal any provision thereof. The A&R Certificate of Incorporation also provides that, notwithstanding the

foregoing, the affirmative vote of at least a majority of the then outstanding shares entitled to vote generally in the

election of directors will be required to amend or repeal the provisions thereof relating to Innventure’s name,

registered address or agent, or purpose.

Amendment of the Bylaws

The Bylaws provide that the Board is empowered to adopt, amend or repeal the bylaws, and further provide that

the stockholders also have the power to adopt, amend or repeal the bylaws, provided that such action by the

stockholders will require the affirmative vote of at least two-thirds of the voting power of the outstanding shares of

Innventure entitled to vote generally in the election of directors.

Exclusive Forum Selection

The A&R Certificate of Incorporation provides that, unless Innventure consents in writing to the selection of an

alternative forum, (a) the Chancery Court will, to the fullest extent permitted by law, be the sole and exclusive forum

for (i) any derivative action, suit or proceeding brought on behalf of Innventure, (ii) any action, suit or proceeding

asserting a claim of breach of a fiduciary duty owed by any director, officer or stockholder of Innventure to

Innventure or to Innventure’s stockholders, (iii) any action, suit or proceeding arising pursuant to any provision of

the DGCL or the Bylaws or the A&R Certificate of Incorporation or (iv) any action, suit or proceeding asserting a