Company: INV
Filing Date: 2025-03-26
Form Type: 424B3
Source: 0001140361-25-010351
Chunk: 195

Company: Innventure, Inc.
Filing Date: 2025-03-26
Form: 424B3
Chunk 195
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 desire that, upon the terms and subject to the conditions contained herein, the Company shall issue and sell to the Buyer(s), as provided herein, and the Buyer(s) shall purchase convertible debentures in the form attached hereto as “ Exhibit A” (the “ Convertible Debentures”) in the aggregate principal amount of up to $30,000,000 (the “ Subscription Amount”), which shall be convertible into shares of the Company’s common stock, par value $0.0001 per share (the “ Common Shares”) (as converted, the “ Conversion Shares”), of which $20,000,000 shall be purchased upon the satisfaction of the conditions to closing in Sections 6 and 7 (the “ First Closing”) and $10,000,000 shall be purchased on the first Business Day after both (i) the date the Registration Statement has first been declared effective by the SEC and (ii) the Company has received Stockholder Approval (as defined below) (the “ Second Closing”) (individually referred to as a “ Closing” and collectively referred to as the “ Closings”), at a purchase price equal to 90% of the Subscription Amount (the “ Purchase Price”) in the respective amounts set forth opposite each Buyer(s) name on Schedule I to this Agreement; WHEREAS , on the First Closing Date (as defined in Section 1(c) below), the parties hereto are executing and delivering a Registration Rights Agreement (the “ Registration Rights Agreement”) pursuant to which the Company has agreed to provide certain registration rights under the Securities Act and the rules and regulations promulgated thereunder, and applicable state securities laws; and WHEREAS , the Convertible Debentures and the Conversion Shares are collectively referred to herein as the “ Securities.” AGREEMENT NOW, THEREFORE , in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and each Buyer hereby agree as follows: 1 1. PURCHASE AND SALE OF CONVERTIBLE DEBENTURES. (a) Purchase of Convertible Debentures. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6 and 7 below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, agrees to purchase from the Company at each Closing, Convertible Debentures with principal amount corresponding to the Subscription Amount set forth opposite each Buyer’s name on Schedule I attached