Company: INV
Filing Date: 2025-04-15
Form Type: S-1
Source: 0001628280-25-017890
Chunk: 40

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: S-1
Chunk 40
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 required approval of at least 2/3 of the shares entitled to vote to amend or repeal the Bylaws or amend,

alter or repeal certain provisions of the A&R Certificate of Incorporation;

• a prohibition on stockholder action by written consent, which forces stockholder action to be taken at an

annual or special meeting of Innventure’s stockholders;

• an exclusive forum provision providing that the Court of Chancery of the State of Delaware (the “Delaware

Court”) will be the exclusive forum for certain actions and proceedings;

• the requirement that a special meeting of stockholders may be called only by the Board, Innventure’s chief

executive officer, or the chairman of the Board, which may delay the ability of our stockholders to force

consideration of a proposal or to take action, including the removal of directors;

• advance notice procedures that stockholders must comply with in order to nominate candidates to the Board

or to propose matters to be acted upon at a stockholders’ meeting, which may discourage or deter a

potential acquirer from conducting a solicitation of proxies to elect the acquirer’s own slate of directors or

otherwise attempting to obtain control of Innventure; and

• Innventure is subject to the anti-takeover provisions contained in Section 203 of the Delaware General

Corporation Law, which will prevent Innventure from engaging in a business combination with any holder

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of 15% or more of its capital stock unless the holder has held the stock for three years or, among other

exceptions, the Board has approved the transaction.

The exclusive forum clause set forth in the Warrant Agreement may have the effect of limiting an investor’s

rights to bring legal action against Innventure and could limit the investor’s ability to obtain a favorable judicial

forum for disputes with us.

In connection with the Business Combination, Innventure assumed Learn CW’s warrant agreement, dated as of

October 12, 2021, between Learn CW and American Stock Transfer & Trust Company, LLC, a New York limited

liability company (the “Warrant Agreement”). By virtue of the assumption of the Warrant Agreement (i) any action,

proceeding or claim against Innventure arising out of or relating in any way to the Warrant Agreement will be

brought and enforced in the courts of the State of New York or the United States District Court for the Southern

District of New York and (ii) Innventure irrevocably submits to such jurisdiction, which jurisdiction will