Company: INV
Filing Date: 2025-03-26
Form Type: 8-K
Source: 0001140361-25-010344
Chunk: 2

Company: Innventure, Inc.
Filing Date: 2025-03-26
Form: 8-K
Item: Item 1.01
Chunk 2
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 The Exchange Cap will not apply under certain circumstances, including if the Company obtains the approval of its stockholders as required by the applicable rules of the Nasdaq Stock Market for issuances of
Common Stock in excess of such amount, including the Stockholder Approval, or if the Company obtains a written opinion from outside counsel to the Company that such stockholder approval is not required.

The Convertible Debentures provide the Company, subject to certain conditions, with an optional redemption right pursuant to which the Company, upon
10 trading days’ prior written notice to Yorkville (the “ Redemption Notice”), may redeem in cash, in whole or in part, all amounts outstanding under the Convertible Debentures prior to the Maturity Date. The redemption amount shall be equal to
the outstanding principal balance being redeemed by the Company, plus the redemption premium of 5% of the principal amount being redeemed if completed on or before the twelve-month anniversary of the issuance date, or 10% of the principal amount
being redeemed if completed after the twelve-month anniversary of the issuance date, plus all accrued and unpaid interest as of the date of such redemption.

Pursuant to the terms of the Purchase Agreement, prior to the Company loaning, investing, transferring or downstreaming any cash proceeds, or assets
or property acquired with cash proceeds from the issuance and sale of the Convertible Debentures to Innventure LLC (“ Innventure LLC”), a wholly-owned subsidiary of the Company, Innventure LLC shall be obligated to enter into a global guaranty
agreement (the “ Guaranty”) in favor of Yorkville with respect to the Company’s obligations under the Purchase Agreement and the Convertible Debentures.

The foregoing descriptions of the Purchase Agreement, the Guaranty, and the Convertible Debentures do not purport to be complete and are qualified in
their entirety by reference to the full text of such documents, which are filed herewith as Exhibits 10.1, 10.2 and 4.1, respectively, and are incorporated herein by reference.

Registration Rights Agreement

In connection with the Purchase Agreement, on the First Closing Date, the Company will enter into a registration rights agreement (the “ Registration
Rights Agreement”) with Yorkville pursuant to which Yorkville will be entitled to certain registration rights under the Securities Act of 1933, as amended (the “ Securities Act”). Pursuant to the Registration Rights Agreement, the Company will be
required to, on the 15th calendar day following the date