Company: INV
Filing Date: 2025-04-15
Form Type: S-1
Source: 0001628280-25-017890
Chunk: 149

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: S-1
Chunk 149
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 Stock pursuant to the exercise of an Innventure Warrant and

will have no obligation to settle such Innventure Warrant exercise unless a registration statement under the

Securities Act with respect to the shares of Common Stock underlying the Innventure Warrants is then effective and

a prospectus relating thereto is current, subject to our satisfying our obligations with respect to registration, or a

valid exemption from registration is available. In the event that such conditions are not satisfied with respect to an

Innventure Warrant, the holder of such Innventure Warrant will not be entitled to exercise such Innventure Warrant

and such Innventure Warrant may have no value and expire worthless. In no event will we be required to net cash

settle any Innventure Warrant.

No fractional shares will be issued upon exercise. If, upon exercise, a holder would be entitled to receive a

fractional interest in a share, we will round down to the nearest whole number of the number of shares to be issued

to the holder.

The Innventure Warrant holders do not have the rights or privileges of holders of shares of Common Stock or

any voting rights until they exercise their Innventure Warrants and receive shares of Common Stock. After the

issuance of shares of Common Stock upon exercise of the Innventure Warrants, each holder will be entitled to one

vote for each share held of record on all matters to be voted on by the Company’s stockholders.

Redemption of Innventure Warrants When the Price per Share Equals or Exceeds $18.00

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

• in whole and not in part;

• at a price of $0.01 per warrant;

• 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 $18.00 per share (as may be

adjusted for any required anti-dilution adjustments) for any twenty (20) trading days within a thirty (30)

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

holders.

The $18.00 (as adjusted) redemption criterion discussed above was established to prevent a redemption call

unless there is at the time of the call a significant premium to the warrant exercise price. If the foregoing conditions

are satisfied and the Company issues a notice of redemption of the Innventure