Company: INV
Filing Date: 2025-04-23
Form Type: 424B3
Source: 0001628280-25-019356
Chunk: 14

Company: Innventure, Inc.
Filing Date: 2025-04-23
Form: 424B3
Chunk 14
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 of exercise upon a change of control, at any time from and after the four-year anniversary of the Closing (as defined below). Each of WTI Fund X, LLC and WTI Fund XI, LLC will also have the option to purchase up to $5 million (in the aggregate) or such amount as is necessary for each of WTI Fund X, LLC and WTI Fund XI, LLC to maintain its pro rata ownership in certain future financings conducted by the Company, subject to customary exclusions.

Additionally, on April 14, 2025 the Company issued two warrants to purchase up to an aggregate total of 300,000 shares of Common Stock (the “2025 WTI Warrants”) to WTI Fund X, LLC and WTI Fund XI, LLC, respectively, as consideration for the WTI Lenders and WTI Fund X, LLC and WTI Fund XI, LLC entering into a consent with the Company and Innventure LLC, dated March 21, 2025, pursuant to which, among other things, the WTI Lenders and WTI Fund X, LLC and WTI Fund XI, LLC consented to (i) the Company entering into the Securities Purchase Agreement and the transactions contemplated thereby and (ii) the Company’s issuance of its Series C Preferred Stock (as defined below) and the payoffs of certain related party loans. Please see the section titled “Shares Eligible for Future Sale” elsewhere in this prospectus for more information.

#### Yorkville Convertible Debentures
On March 25, 2025, the Company entered into the Securities Purchase Agreement with Yorkville, in connection with the issuance and sale by the Company of Convertible Debentures issuable in an aggregate principal amount of up to $30,000,000, which Convertible Debentures will be convertible into shares of the Company’s Common Stock (as converted, the “Conversion Shares”). Pursuant to the Securities Purchase Agreement, Yorkville purchased, and the Company issued, $20,000,000 in aggregate principal amount of Convertible Debentures (the “First Convertible Debenture”) on April 14, 2025 (the “First Closing”). Yorkville will purchase and the Company will issue an additional $10,000,000 in aggregate principal amount of Convertible Debentures (the “Second Convertible Debenture”) after both (i) a registration statement is filed with the SEC registering the resale of the Conversion Shares and is declared effective by the SEC and