Innventure issues $10M second convertible debenture to Yorkville; reiterates H2 2025 growth inflection

Innventure, Inc.

Issued $10M second convertible debenture to YA II PN, Ltd. on May 15, 2025; net proceeds ~$9M after 10% OID.
Debenture matures July 14, 2026; monthly principal payments start June 2025 ($545k-$1.545M) plus 5% premium.
Conversion price initially $10.00, resets to lower of current price or 10-day VWAP at 6- and 9-month anniversaries.
Stockholder approval obtained May 13 via Voting Agreements from majority stockholders; Exchange Cap applies absent further approval.
Press release reiterates confidence in revenue growth inflection in H2 2025; no specific Q1 financial figures provided.

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