Company: INV
Filing Date: 2025-04-15
Form Type: S-1
Source: 0001628280-25-017890
Chunk: 152

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: S-1
Chunk 152
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 Learn CW’s initial public offering of 23,000,000 units. This redemption right will provide the Company with an additional mechanism by which to redeem all of the outstanding Innventure Warrants, and therefore have certainty as to our capital structure as the Innventure Warrants would no longer be outstanding and would have been exercised or redeemed. The Company will be required to pay the applicable redemption price to warrant holders if the Company chooses to exercise this redemption right and it will allow the Company to quickly proceed with a redemption of the Innventure Warrants if the Company determines it is in its best interest to do so. As stated above, the Company will be able to redeem the Innventure Warrants when the shares of Common Stock are trading at a price starting at $10.00, which is below the exercise price of $11.50, because it will provide certainty with respect to the Company’s capital structure and cash position while providing warrant holders with the opportunity to exercise their warrants on a cashless basis for the applicable number of shares. If the Company chooses to redeem the Innventure Warrants when the Common Stock is trading at a price below the exercise price of the Innventure Warrants, this could result in the warrant holders receiving fewer shares than they would have

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received if they had chosen to wait to exercise their warrants for shares of Common Stock if and when such shares

of Common Stock were trading at a price higher than the exercise price of $11.50.

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SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth information known to us regarding the beneficial ownership of our Common

Stock as of April 11, 2025 (except as otherwise set forth below) by:

• each person known to us to be the beneficial owner of more than 5% of our Common Stock;

• each of our named executive officers and directors; and

• all of our executive officers and directors as a group.

Beneficial ownership is determined according to the rules of the SEC, which generally provide that a person has

beneficial ownership of a security if he, she or it possesses sole or shared voting or investment power over that

security, including options and warrants that are currently exercisable or exercisable within 60 days. Shares which

an individual or group has a right to acquire within 60 days pursuant to the exercise or conversion of options,

warrants or other similar convertible or derivative securities are deemed to be outstanding for the purpose of

computing the percentage ownership of such individual