Company: INV
Filing Date: 2025-08-14
Form Type: 424B3
Source: 0001628280-25-040416
Chunk: 31

Company: Innventure, Inc.
Filing Date: 2025-08-14
Form: 424B3
Chunk 31
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 | June 30, 2024 (Predecessor) |   |     | Six months ended          
 June 30, 2025 (Successor) |       |     | June 30, 2024 (Predecessor) |   |
|:--------------------------------------------------------|:----|:--------------------------|------:|:----|:----------------------------|:--|:----|:--------------------------|------:|:----|:----------------------------|:--|
| Interest attributable to amortization of issuance costs |     |                           | 1,701 |     |                             | — |     |                           | 1,701 |     |                             | — |
| Total interest expense                                  |     | $                         | 1,701 |     | $                           | — |     | $                         | 1,701 |     | $                           | — |

#### Term Convertible Notes
Accelsius entered into unsecured convertible notes with various other parties (the “Term Convertible Notes”) for a total principal amount of $7,750. As of June 30, 2025, $2,750 of agreements were executed and $2,450 of proceeds had been received. The Term Convertible Notes have a stated maturity date of December 31, 2026 and bear interest at the annual applicable federal rate published by the Internal Revenue Service.

The Term Convertible Notes, which are subordinated to the WTI Facility, are convertible at the option of the lenders, starting January 2, 2026, for all amounts due under the notes at the time of conversion, into Accelsius’ Series A Units at a price per unit equal to $12.175. For as long as any portion of the WTI Facility remains outstanding, the lenders will not demand payment related to this Term Convertible Notes, unless they convert the debt into equity.

The interest expense on the Term Convertible Notes was $1 for the three and six months ended June 30, 2025 (Successor).

#### Related Party Convertible Notes
On June 26, 2025, Accelsius entered into an unsecured Convertible Promissory Note (“CPN”) with a related party lender. The maximum principal amount under the CPN is $3,000, issuable in three equal draws, upon the request of Accelsius and subject to the related party’s sole discretion. Accelsius received the first draw amounting to $1,000 on June 27, 2025. The CPN has a stated