Company: INV
Filing Date: 2025-03-26
Form Type: 424B3
Source: 0001140361-25-010351
Chunk: 153

Company: Innventure, Inc.
Filing Date: 2025-03-26
Form: 424B3
Chunk 153
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 | the number of shares of Warrant Stock to be issued to Holder. |

| Y | = | the number of shares of Warrant Stock that Holder would otherwise have been entitled to purchase hereunder                            
 pursuant to Section 1(a) (or such lesser number of shares as Holder may designate in the case of a partial exercise of this Warrant). |

| A | = | the Per Share Price (as defined in Section 1(c) below) of one (1) share of Warrant Stock at the time the net 
 issuance election under this Section 1(b) is made.                                                           |

| B | = | the Stock Purchase Price then in effect. |

Election to exercise under this Section 1(b) may be made by delivering a signed Form of Subscription to Company via facsimile or electronic mail, to be followed by delivery of this Warrant. 3 (c) For purposes of Section 1(b), “ Per Share Price” means: (i) If the Warrant Stock is traded on a securities exchange or actively traded over-the-counter: (1) If the Warrant Stock is traded on a securities exchange, the Per Share Price shall be deemed to be the closing price of the Warrant Stock as quoted on any exchange, as published on Yahoo! Finance (or a successor thereto or equivalent publisher) for the trading day immediately prior to the date of Holder’s election hereunder. (2) If the Warrant Stock is actively traded over-the-counter, the Per Share Price shall be deemed to be the closing bid or sales price, whichever is applicable, of the Warrant Stock for the trading day immediately prior to the date of the Holder’s election hereunder. (ii) If (i) is not applicable, the Per Share Price shall be the price per share determined in good faith by the Board of Directors of Company (the “ Board”) based on relevant facts and circumstances at the time of the net exercise under Section 1(b), including in the case of a Liquidity Event the consideration receivable by the holders of the Warrant Stock in such Liquidity Event and the liquidation preference (including any declared but unpaid dividends), if any, then applicable to the corresponding Warrant Stock. (d) Notwithstanding anything herein to the contrary, Company shall not issue to Holder any Warrant Stock to the extent such shares after giving effect to such issuance after exercise and when added to the number of shares of Common Stock (1) issued or issuable upon exercise of the Warrant to Ac