Company: INV
Filing Date: 2025-10-23
Form Type: S-1
Source: 0001140361-25-039085
Chunk: 275

Company: Innventure, Inc.
Filing Date: 2025-10-23
Form: S-1
Chunk 275
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iv) in the case of the Glockner Bridge Note, 1,392,059 shares of Series C Preferred Stock. Issuance to Grail Partners On March 24, 2025, the Company issued to affiliates of Grail Partners LLC an aggregate of 300,000 shares of Series C Preferred Stock in settlement of amounts owed pursuant to the terms of a letter agreement under which Grail Partners LLC would provide certain financial advisory and merchant banking services. Issuance of Existing Convertible Debentures and Existing Conversion Shares On March 25, 2025, the Company entered into the Existing Debenture Agreement with Yorkville in connection with the issuance and sale by the Company of the Existing Convertible Debentures issuable in an aggregate principal amount of up to $30,000,000, which Existing Convertible Debentures are convertible into Existing Conversion Shares. Pursuant to the terms of the Existing Debenture Agreement, Yorkville purchased, and the Company issued, $20,000,000 in aggregate principal amount of Existing Convertible Debentures on April 14, 2025, and Yorkville purchased, and the Company issued, $10,000,000 in aggregate principal amount of Existing Convertible Debentures on May 15, 2025. II-3

TABLE OF CONTENTS

Issuance of Convertible Debentures and Conversion Shares On September 15, 2025, the Company entered into the Securities Purchase Agreement with Yorkville in connection with the issuance and sale by the Company of the New Convertible Debentures issuable in an aggregate principal amount of up to $15,000,000, which New Convertible Debentures are convertible into Conversion Shares. Pursuant to the terms of the Securities Purchase Agreement, Yorkville purchased, and the Company issued, $10,000,000 in aggregate principal amount of New Convertible Debentures on September 15, 2025. PIPE Investment On October 3, 2025, the Company entered into the Subscription Agreements with the Subscribers, pursuant to which the Company agreed to sell to the Subscribers, in a private placement, an aggregate of 1,625,235 shares of the Company’s Common Stock and the Series A Warrants. The Series A Warrants have an exercise price of $8.00 per share, will be exercisable at any time on or after April 6, 2026 (the calendar day following the six month anniversary of the date of issuance), will