Company: INV
Filing Date: 2025-04-15
Form Type: POS AM
Source: 0001628280-25-017889
Chunk: 252

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: POS AM
Chunk 252
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. Scott the principal and interest in accordance the terms and conditions set forth therein.

On February 9, 2023, AeroFlexx and Auto Now of which James Donnally, a director of the Company, serves as a director, entered into the Loan Agreement pursuant to which AeroFlexx agreed to pay Auto Now the principal and interest in accordance the terms and conditions set forth therein (the “Auto Now Loan”).

On October 1, 2024, Innventure LLC and the Glockner Lender (collectively with Mr. Otworth, Dr. Scott, Auto Now and each of their respective affiliates, the “Lenders”) entered into the Glockner Bridge Note and, together with the Otworth Promissory Note, the Scott Bridge Note, and the Auto Now Loan, the “Related Party Loans”) pursuant to which Innventure LLC agreed to pay the Glockner Lender the principal and interest in accordance with the terms and conditions set forth therein.

On the Series C Closing Date, each of the Lenders terminated their respective Related Party Loans in exchange for (i) in the case of the Otworth Promissory Note, 114,161 shares of Series C Preferred Stock and a cash payment of $180,042, (ii) in the case of the Scott Bridge Note, 226,334 shares of Series C Preferred Stock and a cash payment of $194,507, (iii) in the case of the Auto Now Loan, 578,294 shares of Series C Preferred Stock, and (iv) in the case of the Glockner Bridge Note, 1,392,059 shares of Series C Preferred Stock.

#### Issuance to Grail Partners
On March 24, 2025, the Company issued to affiliates of Grail Partners LLC an aggregate of 300,000 shares of Series C Preferred Stock in settlement of amounts owed pursuant to the terms of a letter agreement under which Grail Partners LLC would provide certain financial advisory and merchant banking services.

Issuance of Convertible Debentures and the Conversion Shares

On March 25, 2025, the Company entered into the Securities Purchase Agreement with Yorkville in connection with the issuance and sale by the Company of the Convertible Debentures issuable in an aggregate principal amount of up to $30,000,000, which Convertible Debentures will be convertible into Conversion Shares. Pursuant to the Securities Purchase Agreement, Yorkville purchased, and the Company issued, $20,000,000 in