Company: INV
Filing Date: 2025-03-26
Form Type: 424B3
Source: 0001140361-25-010351
Chunk: 145

Company: Innventure, Inc.
Filing Date: 2025-03-26
Form: 424B3
Chunk 145
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 the Conversion Price shall be adjusted (downwards only) to equal the lower of the Conversion Price then in effect or the average VWAP for the ten (10) Trading Days immediately prior to the applicable Reset Date. The Conversion Price shall be adjusted from time to time pursuant to the other terms and conditions of this Note. (o) “ Exchange Act” means the Securities Exchange Act of 1934, as amended. (p) “ Fundamental Transaction”means any of the following: (1) the Company effects any merger or consolidation of the Company with or into another Person and the Company is the non-surviving company (other than a merger or consolidation with a wholly owned Subsidiary of the Company for the purpose of redomiciling the Company), (2) the Company effects any sale of all or substantially all of its assets in one or a series of related transactions, (3) any tender offer or exchange offer (whether by the Company or another Person) is completed pursuant to which holders of Common Shares are permitted to tender or exchange all of their shares for other securities, cash or property, or (4) the Company effects any reclassification of the Common Shares or any compulsory share exchange pursuant to which the Common Shares is effectively converted into or exchanged for other securities, cash or property. (q) “ Installment Amount” shall have the meaning set forth in Section (1)(c). (r) “ Installment Date” shall have the meaning set forth in Section (1)(c). (s) “ Installment Principal Amount” shall have the meaning set forth in Section (1)(c). (t) “ Material Adverse Effect” has the meaning given such term in the Securities Purchase Agreement. (u) “ Optional Redemption” shall have the meaning set forth in (1)(d). (v) “ Other Debentures” means any other debentures issued pursuant to the Securities Purchase Agreement and any other debentures, notes, or other instruments issued in exchange, replacement, or modification of the foregoing. (w) “ Payment Premium” means 5% of the Principal Amount being paid. (x) “ Periodic Report” shall mean each of the Company’s reports required to be filed by the Company with the Commission under applicable laws and regulations (including, without limitation, Regulation S-K), including annual reports (on Form 10-K) and quarterly reports (on Form 10-Q), for so long as any amounts are outstanding under this Debenture. 2Insert the date that is