secwatch.observer — SEC 8-K summary
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Issuer:     Innventure, Inc. (INV)
CIK:        0002001557
Form:       8-K
Filed at:   2024-11-18T23:59:59+00:00
Accession:  0001628280-24-048295
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2001557/000162828024048295/0001628280-24-048295-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2001557/000162828024048295/inv-20241115.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-048295

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