Company: INV
Filing Date: 2025-04-23
Form Type: 424B3
Source: 0001628280-25-019356
Chunk: 203

Company: Innventure, Inc.
Filing Date: 2025-04-23
Form: 424B3
Chunk 203
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#### Innventure, Inc. and Subsidiaries

### Notes to Consolidated Financial Statements
<div align='center'>(in thousands, except share or per share data)</div>

Lenders may exchange the WTI Warrants for a total cash payment of $15,000 after the four-year anniversary of issuance. The risk-free interest rate was determined by reference to the U.S. Treasury yield curve.

|                        |     |   | October 22, 2024 |   |     |   | December 31, 2024 |   |
|:-----------------------|:----|:--|-----------------:|:--|:----|:--|------------------:|:--|
| Stock Price            |     | $ |            11.50 |   |     | $ |             13.85 |   |
| Stock Price Volatility |     |   |            56.00 | % |     |   |             56.00 | % |
| Credit Spread          |     |   |            18.60 | % |     |   |             18.80 | % |

#### Other
Our financial instruments that are not re-measured at fair value include prepaid expenses and other current assets, due from related parties, other assets, accounts payable, accrued expenses, accrued employee benefits, other current liabilities and other liabilities as the carrying amounts approximate fair value due to the short maturity terms of these instruments.

#### Note 5. Borrowings
| Series 1 promissory notes                            |     |  Maturities 
 2025 - 2026 |     | Successor         
 December 31, 2024 |     725 |     | Interest Rates 
 12% - 15%      |     | Predecessor       
 December 31, 2023 |  1,911 |     | Interest Rates 
 9% - 15%       |
|:-----------------------------------------------------|:----|------------:|:----|:------------------|--------:|:----|:---------------|:----|:------------------|-------:|:----|:---------------|
| Related party notes                                  |     | 2024 - 2025 |     |                   |  14,000 |     | 8% - 15.99%    |     |                   |  1,000 |     | —%             |
| Convertible promissory notes                         |     |             |     |