Company: INV
Filing Date: 2025-04-15
Form Type: POS AM
Source: 0001628280-25-017889
Chunk: 71

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: POS AM
Chunk 71
---
31, 2023, an increase of $28,586, or 146.8%. The increase is primarily related to change additional costs incurred in connection with the Business Combination, increased employee compensation costs associated with increased headcount. In addition, there was an increase in R&D costs at the Technology segment.

Net Cash Provided (Used in) by Investing Activities

Cash flows provided by in investing activities were $865 for the combined twelve months ended December 31, 2024, as compared to cash flows used in investing activities of $ 4,667for the year ended December 31, 2023, an increase of $5,532 or 118.5%. The increase is primarily related cash withdrawn from the trust as a result of the Business Combination offset by to loans to an equity method investee and acquisitions of property, plant and equipment.

Net Cash Provided by Financing Activities

Cash flows provided by financing activities were $71,907 for the year ended December 31, 2024, as compared to $ 19,174for the year ended December 31, 2023, an increase of $52,733 or 275.0%. The increase is primarily related to proceeds from issuance of equity and debt financing, partially offset by increased repayment of debt.

Indebtedness

Refer to Note 5. Borrowings to our consolidated financial statements for the years ended December 31, 2024 and 2023 included in the consolidated financial statements included elsewhere in this prospectus for a discussion of our indebtedness.

<div align='center'>44</div>

Contractual Obligations

The following table presents a summary of our contractual obligations, including payments due by period, as of December 31, 2024:

|                  |     | 2025 |        |     | 2026 |       |     | 2027 |       |     | 2028 |       |     | Thereafter |   |     | Total |        |
| Operating lease  |     |      |    299 |     |      |   351 |     |      |    94 |     |      |     — |     |            | — |     |       |    744 |
| Debt obligations |     |      | 14,625 |     |      | 7,295 |     |      | 8,244 |     |      | 4,561 |     |            | — |     |       | 34,725 |
| Total            |