Innventure, Inc. Files 8-K: Regulation FD Disclosure
Ticker: INVLW · Form: 8-K · Filed: Nov 18, 2024 · CIK: 2001557
| Field | Detail |
|---|---|
| Company | Innventure, INC. (INVLW) |
| Form Type | 8-K |
| Filed Date | Nov 18, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $50 m, $20 million, $15 million, $7.5 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, disclosure, regulation-fd
TL;DR
Innventure (fka Learn SPAC) filed an 8-K for a Reg FD disclosure on 11/15.
AI Summary
Innventure, Inc. (formerly Learn SPAC HoldCo, Inc.) filed an 8-K on November 18, 2024, reporting an event on November 15, 2024. The company, incorporated in Delaware, has its principal executive offices in Orlando, Florida. This filing is a Regulation FD Disclosure.
Why It Matters
This filing indicates Innventure, Inc. is making a public disclosure under Regulation FD, which ensures all investors receive material information simultaneously.
Risk Assessment
Risk Level: low — This is a standard regulatory filing (8-K) for a disclosure event, not indicating immediate financial distress or significant operational changes.
Key Players & Entities
- Innventure, Inc. (company) — Registrant
- Learn SPAC HoldCo, Inc. (company) — Former company name
- November 15, 2024 (date) — Date of earliest event reported
- November 18, 2024 (date) — Filing date
- Regulation FD (regulation) — Type of disclosure
FAQ
What specific information is being disclosed under Regulation FD?
The filing does not specify the exact nature of the Regulation FD disclosure, only that it is being made.
When was Innventure, Inc. formerly known as Learn SPAC HoldCo, Inc.?
The date of the name change from Learn SPAC HoldCo, Inc. to Innventure, Inc. was November 17, 2023.
Where are Innventure, Inc.'s principal executive offices located?
Innventure, Inc.'s principal executive offices are located at 6900 Tavistock Lakes Blvd, Suite 400, Orlando, Florida 32827.
What is the Commission File Number for Innventure, Inc.?
The Commission File Number for Innventure, Inc. is 001-42303.
What is the IRS Employer Identification Number for Innventure, Inc.?
The IRS Employer Identification Number for Innventure, Inc. is 93-4440048.
Filing Stats: 609 words · 2 min read · ~2 pages · Grade level 13.2 · Accepted 2024-11-18 17:11:29
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share INV The Nasdaq Stock Market,
- $50 m — an aggregate principal amount of up to $50 million, of which (i) up to $20 million w
- $20 million — f up to $50 million, of which (i) up to $20 million will be made available after the WTI Cl
- $15 million — 2024 (the "First Tranche"); (ii) up to $15 million will be made available after November 1
- $7.5 million — e "Third Tranche") (provided that up to $7.5 million of the Third Tranche will be made avail
Filing Documents
- inv-20241115.htm (8-K) — 24KB
- 0001628280-24-048295.txt ( ) — 148KB
- inv-20241115.xsd (EX-101.SCH) — 2KB
- inv-20241115_lab.xml (EX-101.LAB) — 22KB
- inv-20241115_pre.xml (EX-101.PRE) — 13KB
- inv-20241115_htm.xml (XML) — 3KB
01 - Regulation FD Disclosure
Item 7.01 - Regulation FD Disclosure As previously disclosed, on October 22, 2024 (the "WTI Closing Date"), Innventure LLC entered into a Loan and Security Agreement with WTI Fund X, Inc. and WTI Fund XI, Inc. (together, the "WTI Lenders"), as supplemented by the Supplement to the Loan and Security Agreement, dated October 22, 2024, by and among Innventure LLC and the WTI Lenders (the "Loan and Security Agreement"). Further, Innventure LLC, Innventure, Inc. (the Company") and the WTI Lenders entered into a joinder agreement, pursuant to which the Company became a co-borrower under the Loan and Security Agreement and related loan documents. The Loan and Security Agreement provides for a term loan facility in an aggregate principal amount of up to $50 million, of which (i) up to $20 million will be made available after the WTI Closing Date and through November 15, 2024 (the "First Tranche"); (ii) up to $15 million will be made available after November 1, 2024 and through November 30, 2024 (the "Second Tranche"); and (iii) up to $15 million will be made available after December 31, 2024 and through January 31, 2025 (the "Third Tranche") (provided that up to $7.5 million of the Third Tranche will be made available until March 31, 2025), in each case and as previously outlined, subject to the satisfaction of certain conditions. On November 15, 2024, the First Tranche in the amount of $20 million was received by Innventure LLC and Innventure. The receipt of each of the Second Tranche and the Third Tranche is still subject to the satisfaction of certain financial conditions and the WTI Lenders' satisfaction with the Company's forward-looking plan at such time. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on this 18th day of November, 2024. INNVENTURE, INC. By: /s/ David Yablunosky Name: David Yabl