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Business Combination (Tables)
12 Months Ended
Dec. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Shares of Common Stock Issued and Outstanding at the Closing of the Business Combination
The number of shares of Common Stock issued and outstanding at the Closing of the Business Combination were:
Innventure LLC UnitsImmediately Prior to ClosingCommon Stock Conversion RatioCommon Stock Upon Closing
Class B Preferred Units
10,875,000 
2.0922,754,664 
Class B-1 Preferred Units
5,609,951 
2.0911,738,165 
Class A Units
342,608 
2.09716,867 
Class C Units
1,570,125 
2.093,285,303 
Total
18,397,684 
38,494,999 
Learn CW Shares
Learn CW Public shareholders
1,027,674 
1.001,027,674 
Learn CW Class B Shareholders
5,000,000 
1.005,000,000 
Total
6,027,674 
6,027,674 
Less: Learn CW shares subject to clawback provisions(932,823)
Total Common Stock Issued and Outstanding at Closing
43,589,850 
Schedule of Consideration Transferred for the Business Combination
The consideration transferred for the Business Combination is summarized as follows (in thousands):
Holdco Common Stock transferred to Innventure Members(1)
$418,441 
Contingent consideration(2)
53,980 
Consideration transferred
472,421 
Non-controlling interest(3)
343,030 
Total business enterprise value
$815,451 
(1) Represents the fair value of the 38,494,999 of aggregate consideration paid in shares (excluding the Company Earnout shares) at a Closing share price of $10.87.
(2) Represents the fair value of the Company Earnout Shares issued and contingently issuable to Innventure Members. Refer to Note 10. Earnout Shares for more details.
(3) The non-controlling interest represents the fair value of equity in Accelsius held by non-controlling parties. The fair value is calculated using a discounted cash flow methodology to determine the Accelsius equity value which is pro rated by the non-controlling ownership percentage (Level 3). Significant inputs used to measure the fair value of the non-controlling interest include the long-term growth rate of 3.0%, normalized tax rate of 27.9%, normalized net working capital of 18.0%, and weighted average cost of capital of 17.6%.

Investing cash flow activity as a result of the Business Combination is summarized as follows (in thousands):
Amount
Cash consideration transferred$— 
Add: Cash and cash equivalents acquired16 
Investing cash flow activity as a result of the Business Combination$16 
On the Closing Date, Innventure settled certain obligations using cash from the Learn CW trust account that was released at Closing and financing secured through Series B Preferred Stock. The financing secured through Series B Preferred Stock is discussed in Note 13. Stockholders' Equity.
(in thousands)
Amount
Cash proceeds from Learn CW trust account$11,342 
Net cash proceeds from Series B Preferred Stock issuance10,572 
Total Innventure, Inc. cash sources$21,914 
Payment of Learn CW accounts payable and accrued expenses$9,233 
Payment of Learn CW promissory note due to Sponsor4,628 
Payment of Innventure LLC transaction costs at Closing6,206 
Total cash uses$20,067 
Net cash proceeds$1,847 
Schedule of Purchase Consideration Allocation to Assets and Liabilities
The purchase consideration was allocated to the following assets and liabilities (in thousands):
Amount
Assets acquired:
Cash and cash equivalents
$16 
Accounts receivable
117 
Due from related parties
210 
Inventory
2,824 
Prepaid expenses and other current assets
1,955 
Equity method investments
18,449 
Investment in debt securities - AFS
10,172 
Property, plant, and equipment
1,227 
Intangible assets
187,500 
Other assets
829 
Total assets acquired: $223,299 
Liabilities assumed:
Accounts payable
$6,286 
Accrued employee benefits
7,617 
Accrued expenses
1,972 
Related party payable
13,932 
Notes payable
975 
Patent installment payable
13,600 
Deferred tax liability
30,654 
Other liabilities
748 
Total liabilities assumed: $75,784 
Net identifiable assets acquired$147,515 
Goodwill$667,936 
Schedule of Fair Value of Definite-Lived Intangible Assets
The fair value of definite-lived intangible assets as of the Closing Date included (in thousands):
Amount
Trade names$17,800 
Customer relationships4,600 
Developed technology165,100 
Total$187,500