Company: INV
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052035
Chunk: 20

Company: Innventure, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 20
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 Cash Used in Operating Activities (56,328)(18,647)Cash Flows Used in Investing ActivitiesInvestment in available-for-sale debt securities - equity method investee(2,708)— Investment in debt securities - related party— (7,400)Acquisition of property, plant and equipment(1,371)(736)Proceeds received related to PCT stock sale— 2,314 Net Cash Used in Investing Activities (4,079)(5,822)Cash Flows Provided by Financing ActivitiesProceeds from issuance of equity, net of issuance costs3,675 13,122 Proceeds from the issuance of equity to non-controlling interest, net of issuance costs6,327 13,859 Proceeds from the issuance of related party convertible promissory notes6,350 — Proceeds from the issuance of term convertible notes14,950 — Proceeds from issuance of debt securities, net of issuance costs36,000 — Payment of debts(3,877)(790)Proceeds of related party notes payable— 12,000 Distributions to stockholders and other(76)— Net Cash Flows Provided by Financing Activities 63,349 38,191 Net Increase in Cash, Cash Equivalents and Restricted Cash2,942 13,722 Cash, Cash Equivalents and Restricted Cash Beginning of period11,119 2,575 Cash, Cash Equivalents and Restricted Cash End of period  $14,061 $16,297 

11

Table of ContentsInnventure, Inc. and SubsidiariesCondensed Consolidated Statements of Cash Flows(Unaudited) (in thousands, except share and per share amounts)

SuccessorPredecessorNine months ended September 30, 2025Nine months ended September 30, 2024Supplemental Cash Flow InformationCash paid for interest$2,551 $1,070 Supplemental Disclosure of Noncash Financing InformationAccretion of redeemable units to redemption value— 11,950 Issuance of units to non-controlling interest in exchange of convertible promissory notes— 7,324 Conversion of working capital loans to equity method investee into investments in debt securities - related party4,375 2,600 Unrealized gain on investments in debt Securities - related party through OCI410 2,373 Recognition of right of use asset and corresponding lease liability879 —