Company: INV
Filing Date: 2025-04-23
Form Type: 424B3
Source: 0001628280-25-019356
Chunk: 233

Company: Innventure, Inc.
Filing Date: 2025-04-23
Form: 424B3
Chunk 233
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elsius Subsidiary Equity Plan

Accelsius, a subsidiary of the Company, adopted an equity incentive plan on March 24, 2022 (the “Accelsius Subsidiary Equity Plan”). In March 2023, the Accelsius Subsidiary Equity Plan was amended to permit the grant of 3,300,000 Class C units of the subsidiary to the subsidiary’s employees, directors, and consultants, as designated by the Board of Directors. The awards vest over the period defined in each individual grant agreement which is generally accelerated upon a change of control event. Accelsius has the option to repurchase all vested units upon an employee’s termination of employment or service.

The summary of Accelsius Subsidiary Equity Plan activity is as follows:

|                                                  |     | Successor Period |                               Period from 
 October 2, 2024 through December 31, 2024 |     | Predecessor Period |                             Period from 
 January 1, 2024 through October 1, 2024 |     |   | Year ended December 31, 2023 |
|:-------------------------------------------------|:----|:-----------------|------------------------------------------:|:----|:-------------------|----------------------------------------:|:----|:--|-----------------------------:|
| Compensation expense                             |     | $                |                                     1,341 |     | $                  |                                     918 |     | $ |                          705 |
| Class C units granted                            |     |                  |                                   168,500 |     |                    |                                 110,000 |     |   |                      365,500 |
| Weighted average grant date fair value per share |     | $                |                                     46.38 |     | $                  |                                    4.41 |     | $ |                         3.80 |

___________________

Note: The grant date fair value per share for the year ended December 31, 2023 is an average amount.

The Company recognizes compensation costs within General and administrative, Sales and marketing and Research and development expense in the consolidated statements of operations and comprehensive income (loss). As of December 31, 2024, the Company had $8,103 in unit-based compensation expense remaining to be recognized over approximately 2.42 years.

<div align='center'>F-42</div>

#### Innventure, Inc. and Subsidiaries

### Notes to Consolidated Financial Statements
<div align='center'>(in thousands, except share or per share data