Company: INV
Filing Date: 2025-04-15
Form Type: S-1
Source: 0001628280-25-017890
Chunk: 150

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: S-1
Chunk 150
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 Warrants, each warrant holder will be

entitled to exercise his, her or its Innventure Warrant prior to the scheduled redemption date. However, the price of

the shares of Common Stock may fall below the $18.00 redemption trigger price (as adjusted for any required anti-

dilution adjustments) as well as the $11.50 (for whole shares) exercise price after the redemption notice is issued.

Redemption of Innventure Warrants When the Price per Share Equals or Exceeds $10.00

Once the Innventure Warrants become exercisable, we may redeem the outstanding Innventure Warrants:

• in whole and not in part;

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• at a price of $0.10 per warrant upon a minimum of 30 days’ prior written notice of redemption provided

that holders will be able to exercise their Innventure Warrants on a cashless basis prior to redemption and

receive that number of shares determined by reference to the table below, based on the redemption date and

the “Fair Market Value” of the Common Stock (as defined below) except as otherwise described below;

• upon a minimum of 30 days’ prior written notice of redemption to each warrant holder; and

• if, and only if, the closing price of the Common Stock equals or exceeds $10.00 per share (as may be

adjusted for any required anti-dilution adjustments) for any 20 trading days within the 30-trading day

period ending three trading days before we send the notice of redemption to the warrant holders.

Beginning on the date the notice of redemption is given until the Innventure Warrants are redeemed or

exercised, holders may elect to exercise their Innventure Warrants on a cashless basis. The numbers in the table

below represent the number of shares of Common Stock that an Innventure Warrant holder will receive upon such

cashless exercise in connection with a redemption by us pursuant to this redemption feature, based on the “Fair

Market Value” of the Common Stock on the corresponding redemption date (assuming holders elect to exercise their

Innventure Warrants and such Innventure Warrants are not redeemed for $0.10 per warrant), determined for these

purposes based on volume weighted average price of the Common Stock during the ten (10) trading days

immediately following the date on which the notice of redemption is sent to the holders of Innventure Warrants, and

the number of months that the corresponding redemption date precedes the expiration date of