Company: INV
Filing Date: 2025-04-15
Form Type: S-1
Source: 0001628280-25-017890
Chunk: 76

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: S-1
Chunk 76
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 required financings will be available for the amounts needed, or on terms commercially acceptable to us, if at all. If one or all of these events does not occur or subsequent capital raises are insufficient to bridge financial and liquidity shortfalls (or both), there would likely be a material adverse effect on our business and financial condition that would materially adversely affect our ability to continue as a going concern. See “ Risk Factors — Risks Related to Innventure’s Business – There is uncertainty regarding Innventure’s ability to maintain liquidity sufficient to operate its business effectively, which raises substantial doubt about its ability to continue as a going concern.” The consolidated financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include any adjustments that might result from the outcome of this uncertainty. Critical Accounting Policies and Use of Estimates Refer to Note 2. Accounting Policies to our consolidated financial statements for the years ended December 31, 2024 and 2023 included elsewhere in this prospectus for a discussion of our critical accounting policies.

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BUSINESS

Overview

Innventure founds, funds, and operates companies with a focus on transformative, sustainable technology

solutions that we acquire or license from technology innovators. These technology innovators are typically MNCs

but need not be MNCs. In connection with the founding of a new company, we look to establish a collaborative

relationship with at least one MNC that (1) has expressed a need for, and an interest in using or distributing, the

specific technology that we intend to commercialize and (2) we expect will become a channel partner capable of

providing a path to market adoption, distribution and/or revenue for the new company. This collaborating MNC,

which we refer to as a channel partner, may be the entity from which we source the technology or it may be an

unrelated entity. As owner-operators, our goal is to take what we believe to be breakthrough technologies from

evaluation to scaled commercialization utilizing an approach designed to help mitigate risk as we build disruptive

companies that we believe have the potential to achieve a target enterprise value of at least $1 billion. When we say

“disruptive,” we mean innovations that, in our opinion, have the ability to significantly change the way businesses,

industries, markets, and/or consumers operate. We have launched four such companies since inception: PureCycle in

late 2015 (technology initially sourced from P&G), AeroFlexx in 201