Company: INV
Filing Date: 2025-04-23
Form Type: 424B3
Source: 0001628280-25-019358
Chunk: 191

Company: Innventure, Inc.
Filing Date: 2025-04-23
Form: 424B3
Chunk 191
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. and Subsidiaries Notes to Consolidated Financial Statements (in thousands, except share or per share data)

The consideration transferred for the Business Combination is summarized as follows:

| Holdco Common Stock transferred to Innventure Members(1).............................................................                            | $418,441 |
| Contingent consideration(2)...................................................................................................................   |   53,980 |
| Consideration transferred.................................................................................................................       |  472,421 |
| Non-controlling interest(3)..................................................................................................................... |  343,030 |
| Total business enterprise value.........................................................................................................         | $815,451 |

__________________ (1) Represents the fair value of the 38,494,999 of aggregate consideration paid in shares (excluding the Company Earnout shares) at a Closing share price of $ 10.87 . (2) Represents the fair value of the Company Earnout Shares issued and contingently issuable to Innventure Members. Refer to Note 10. Earnout Shares for more details. (3) The non-controlling interest represents the fair value of equity in Accelsius held by non-controlling parties. The fair value is calculated using a discounted cash flow methodology to determine the Accelsius equity value which is pro rated by the non-controlling ownership percentage (Level 3). Significant inputs used to measure the fair value of the non-controlling interest include the long-term growth rate of 3% , normalized tax rate of 27.9% , normalized net working capital of 18% , and weighted average cost of capital of 17.6% . Investing cash flow activity as a result of the Business Combination is summarized as follows:

|                                                                                                                                              | Amount |
| Cash consideration transferred.............................................................................................................. |     $— |
| Add: Cash and cash equivalents acquired.............................................................................................         |     16 |
| Investing cash flow activity as a result of the Business Combination............................................                             |    $16 |

On the Closing Date, Innventure settled certain obligations using cash from the Learn CW trust account that was released at Closing and financing secured through Series B Preferred Stock. The financing secured through Series B Preferred Stock is discussed in Note 13. Stockholders' Equity .

|                                                                                                                                                      |  Amount |
| Cash proceeds from Learn CW trust account.......................................................................................                     | $11,342 |
| Net cash proceeds from Series B Preferred Stock issuance..................................................................                           |  10,572 |
| Total Innventure, Inc. cash sources...................................................................................................               | $21,914 |