Company: INV
Filing Date: 2025-10-23
Form Type: S-1
Source: 0001140361-25-039085
Chunk: 39

Company: Innventure, Inc.
Filing Date: 2025-10-23
Form: S-1
Chunk 39
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, consequently, your ability to achieve a return on your investment will depend on appreciation, if any, in the price of our Common Stock. Innventure has no intention to ever declare or pay any cash dividend on its Common Stock. Innventure currently anticipates that it will retain future earnings for the development, operation and expansion of the business and does not anticipate declaring or paying any cash dividends for the foreseeable future. Any return to stockholders will therefore be limited to the appreciation of their stock. In addition, the terms of any equity or debt instruments that Innventure may issue in the future could contain prohibitions or restrictions on the ability of Innventure to pay dividends on its Common Stock. There is no guarantee that our Common Stock will appreciate in value or even maintain the price at which stockholders have purchased their shares. Future sales of shares of our Common Stock or other equity may depress its stock price. In connection with the execution of the Business Combination Agreement, certain insiders of Innventure LLC (each, a “Lock-Up Party”) entered into lock-up agreements (the “Lock-Up Agreements”) with the Company. Subject to certain exceptions, the Lock-Up Agreements provided for certain restrictions on transfer with respect to Common Stock held by certain stockholders of Innventure. Such restriction began upon the Closing Date and ended on October 2, 2025, the expiration of one year after the Closing of the Business Combination and the other transactions contemplated (the “Transactions”) by the Business Combination Agreement, on which date the restrictions set forth in the Lock-Up Agreements lapsed with respect to the shares of Common Stock held by the Lock-Up Parties. Additionally, certain other stockholders of Innventure were subject to lock-ups which also provided for certain restrictions on transfer with respect to the Common Stock held by such stockholders and such lock-ups also expired on October 2, 2025. Following the expiration of the applicable lock-up periods, such equity holders are not restricted from selling shares of Common Stock held by them, other than by applicable securities laws and certain Innventure policies. As restrictions on resale end and registration statements (filed after the Closing to provide for the resale of such shares from time to time) are available for use, the sale or possibility of sale of these shares could have the effect of increasing the volatility in Innventure’s share price or the market price of our Common Stock could decline if the holders of previously restricted shares sell them or are perceived by the market as intending to sell them. Provisions in the A&R Certificate of Incorporation and