Company: INV
Filing Date: 2025-10-23
Form Type: S-1
Source: 0001140361-25-039085
Chunk: 189

Company: Innventure, Inc.
Filing Date: 2025-10-23
Form: S-1
Chunk 189
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 |    $(10,859) |     |  $2,749 |

F-18

TABLE OF CONTENTS

Innventure, Inc. and Subsidiaries Notes to Consolidated Financial Statements (in thousands, except share or per share data) Statements of operation

|                     |     |     ESG Fund |     |          |     |    AeroFlexx |     |          |
|                     |     |  Years ended 
 December 31, |     |          |     |  Years ended 
 December 31, |     |          |
|                     |     |         2024 |     |     2023 |     |         2024 |     |     2023 |
| Revenue             |     |         $202 |     |     $320 |     |          $38 |     |      $16 |
| Gross (Loss) Profit |     |         -735 |     |     -709 |     |          -57 |     |        1 |
| Net Income (Loss)   |     |      $39,437 |     | $(4,557) |     |    $(13,663) |     | $(8,221) |

Exchange-traded investments The Company previously invested in PureCycle Technologies (“PCT”) as the first company formed in partnership with a multinational corporation. In 2021, PCT merged with a special purpose acquisition company and became a publicly-traded entity. The shares of PCT’s common stock held by the Company are classified as an Exchange-traded investment at FVTNI. During the Predecessor period from January 1, 2024 through October 1, 2024, the Company sold 400,000PCT shares for aggregate net proceeds of $ 2,302. The PCT shares were measured at their fair value immediately prior to the transactions. All remaining PCT shares were derecognized as a result of the Business Combination. Investment in debt securities - AFS On July 1, 2024, the Company entered into a loan agreement with AeroFlexx under which the Company will lend up to $ 10,000to AeroFlexx. As of July 1, 2024, the aggregate outstanding principal of working capital interest-free advances to AeroFlexx, amounting to $ 7,635were included as outstanding term loans under this agreement. During the Predecessor period from January 1, 2024 through October 1, 2024, the Company