Company: INV
Filing Date: 2025-04-15
Form Type: S-1
Source: 0001628280-25-017890
Chunk: 203

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: S-1
Chunk 203
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                 |   18,449 |
| Investment in debt securities - AFS.................................................................................................                    |   10,172 |
| Property, plant, and equipment........................................................................................................                  |    1,227 |
| Intangible assets...............................................................................................................................        |  187,500 |
| Other assets......................................................................................................................................      |      829 |
| Total assets acquired:........................................................................................................................          | $223,299 |
| Liabilities assumed:                                                                                                                                    |          |
| Accounts payable.............................................................................................................................           |   $6,286 |
| Accrued employee benefits..............................................................................................................                 |    7,617 |
| Accrued expenses.............................................................................................................................           |    1,972 |
| Related party payable.......................................................................................................................            |   13,932 |
| Notes payable...................................................................................................................................        |      975 |
| Patent installment payable................................................................................................................              |   13,600 |
| Deferred tax liability........................................................................................................................          |   30,654 |
| Other liabilities.................................................................................................................................      |      748 |
| Total liabilities assumed:...................................................................................................................           |  $75,784 |
| Net identifiable assets acquired.........................................................................................................               | $147,515 |
| Goodwill............................................................................................................................................... | $667,936 |

The assessment of fair value is preliminary and is based on information that was available to management and through the end of the fiscal year. If additional information of events or circumstances that existed at Closing becomes available to management related to assets acquired or liabilities assumed subsequent to this preliminary assessment of fair value but not later than one year after Closing, measurement period adjustments will be recorded in the period in which they are determined, as if they had been completed at the Closing Date. Goodwill is recognized as the excess of consideration over the net assets acquired of Innventure LLC and represents the value derived by Innventure LLC’s strong market position and assembled workforce. Goodwill arising from the Business Combination is attributable to the Company’s Technology segment and is not deductible for tax purposes.

F-33 Innventure, Inc. and Subsidiaries Notes to Consolidated Financial Statements (in thousands, except share or per share data)

The fair value of definite-lived intangible assets as of the Closing Date included:

|                                                                                                                                                            |   Amount |
| Trade names..........................................................................................................................................      |   17,800 |
| Customer relationships..........................................................................................................................           |    4,600 |
| Developed technology..........................................................................................................................             |  165,100 |
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