secwatch.observer — SEC 8-K summary
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Issuer:     Innventure, Inc. (INV)
CIK:        0002001557
Form:       8-K
Filed at:   2025-07-01T23:59:59+00:00
Accession:  0001628280-25-033614
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud

Innventure subsidiary Accelsius issues $13M convertible notes; annual meeting elects directors
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- Accelsius issued $12M Term Convertible Notes and $1M Bridge Convertible Note; up to $2M additional Bridge Notes may be issued; conversion price $12.175 per Series A unit.
- Proceeds will repay up to $12M of Innventure's existing convertible line of credit with Accelsius, potentially reducing Innventure's beneficial holdings.
- Executive Chairman Mike Otworth and Chief Strategy Officer John Scott amended SAR awards to settle in common stock, with share cap of 1,875,000 each.
- Annual meeting elected Class I directors Gregory Haskell, Daniel Hennessy, Michael Amalfitano; ratified BDO USA; approved two stock issuance proposals with Yorkville.
- Notes are subordinated to WTI Fund X and Fund XI indebtedness; WTI and YA II PN, Ltd. have rights restricting payment prior to senior debt repayment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2001557/000162828025033614/0001628280-25-033614-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2001557/000162828025033614/inv-20250625.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-033614

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer