Innventure receives $20M first tranche of $50M term loan from WTI lenders

Innventure, Inc.

Loan and Security Agreement dated Oct 22, 2024 for up to $50M in three tranches.
First Tranche of $20M received on Nov 15, 2024 by Innventure LLC and Innventure, Inc.
Second Tranche up to $15M available Nov 1–30, 2024; Third Tranche up to $15M available Dec 31, 2024–Jan 31, 2025 (up to $7.5M extended to Mar 31, 2025).
Drawdown of Second and Third Tranches subject to satisfaction of financial conditions and lender approval of company's forward-looking plan.

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