Company: INV
Filing Date: 2025-04-23
Form Type: 424B3
Source: 0001628280-25-019358
Chunk: 143

Company: Innventure, Inc.
Filing Date: 2025-04-23
Form: 424B3
Chunk 143
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 | 0.326 |     |  0.361 |
| 0 months................                         |     |                                             — |     |     — |     | 0.042 |     | 0.115 |     | 0.179 |     | 0.233 |     | 0.281 |     | 0.323 |     |  0.361 |

This redemption feature is structured to allow for all of the outstanding Innventure Warrants to be redeemed when the Common Stock is trading at or above $10.00 per share, which may be at a time when the trading price of our Common Stock is below the exercise price of the Innventure Warrants. This redemption feature will provide the Company with the flexibility to redeem the Innventure Warrants without the warrants having to reach the $18.00 per share threshold set forth above under “— Redemption of Innventure Warrants When the Price per Share Equals or Exceeds $18.00 .” Holders choosing to exercise their Innventure Warrants in connection with a redemption pursuant to this feature will, in effect, receive a number of shares for their warrants based on an option pricing model with a fixed volatility input as of the date of 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

90 received if they had chosen to wait to exercise