We Inn Llc - Oct 2, 2024 Form 3 Insider Report for Innventure, Inc. (INV)

Role
10%+ Owner
Signature
WE-INN LLC /s/ Gregory D. Wasson Name: Gregory D. Wasson Title: President
Stock symbol
INV
Transactions as of
Oct 2, 2024
Transactions value $
$0
Form type
3
Date filed
10/8/2024, 03:27 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding INV Common Stock 8.7M Oct 2, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting persons acquired these securities on October 2, 2024, as consideration for the reporting persons' units of Innventure LLC, which Innventure, Inc. acquired by merger on October 2, 2024. The merger agreement provides that the former members of Innventure LLC will receive additional shares of Innventure, Inc. common stock if certain milestone conditions are met. The reporting persons' right to receive additional shares pursuant to this earn-out right became fixed and irrevocable on October 2, 2024, the effective date of the merger.
F2 The securities are owned indirectly and jointly by Mr. and Mrs. Wasson, who share voting and dispositive power over the securities held by WE-INN LLC. Mr. and Mrs. Wasson are President and Executive Vice President of WE-INN LLC, respectively.