Company: INV
Filing Date: 2025-11-12
Form Type: 424B3
Source: 0001140361-25-041464
Chunk: 251

Company: Innventure, Inc.
Filing Date: 2025-11-12
Form: 424B3
Chunk 251
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 by the Company in its reasonable discretion. The loan fee of $1,000, required under the original agreement, became due on or around the amendment date and interest will accrue at the rate of 15.99% per annum until paid. The amendment was accounted for as a troubled debt restructuring as the Company was provided a concession through a decrease in the effective interest rate. However, no gain or loss was recognized as a result.

F-65

TABLE OF CONTENTS

Innventure, Inc. and Subsidiaries Notes to Condensed Consolidated Financial Statements (Unaudited) (in thousands, except share or per share data) As per the amended note with the second party, the maturity date was extended to January 31, 2025 and the interest rate was increased to 13.50% per annum. Additionally, $1,000 of the principal amount became due on or around the amendment date. Interest expense on the related party notes was as follows:

|                        |     | Three months ended 
 June 30, 2025      
 (Successor)        |     | June 30, 2024 
 (Predecessor) |     | Six months ended 
    June 30, 2025 
      (Successor) |     | June 30, 2024 
 (Predecessor) |
|:-----------------------|:----|:-------------------|:----|:--------------|:----|-----------------:|:----|:--------------|
| Total interest expense |     | $—                 |     | $—            |     |             $419 |     | $—            |

In addition to the related party notes above, the Company also had a related party note for $1,000 through an unsecured promissory note with an additional related party dated May 2, 2024. As per the terms of the executed agreement, the principal amount became due on December 21, 2024 and interest will accrue at the rate of 8.00% per annum. Upon maturity, the Company is required to repay the outstanding principal amount of $1,000 and a loan fee equal to approximately $63. On March 20, 2025, in connection with the issuance of Series C Preferred Stock (as defined below), the Company extinguished the outstanding amount of related party notes. The Company recognized a loss of $— and $3,538 in Loss on extinguishment of related party debt on the condensed consolidated statements of operations