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CORRECTION -- Innventure announces strategic investment in Accelsius by Johnson Controls

Innventure (NASDAQ: INV) corrected a previous release and clarified transactions on Oct 6, 2025.

(Neutral)

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Rhea-AI Summary

Innventure (NASDAQ: INV) corrected a previous release and clarified transactions on Oct 6, 2025. The company noted that a strategic investment in Accelsius by Johnson Controls is a separate, unrelated transaction.

Innventure also closed a private placement anchored by CastleKnight, generating $9.75 million in gross proceeds, and disclosed previously issued convertible debentures to Yorkville for an aggregate principal amount of up to $15 million. The company says these financings provide working capital to support ongoing operations.

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Positive

  • Gross proceeds of $9.75 million from private placement
  • Convertible debentures of up to $15 million provide additional liquidity
  • Financings earmarked to support ongoing operations

Negative

  • Private placement of stock and warrants may cause shareholder dilution
  • Convertible debentures of up to $15 million could convert into equity and dilute existing holders
Argus Oct 6 session
-1.39% close to close Open Argus
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News Market Reaction – INV

On Oct 6, the day this news came out, INV closed 1.39% below the previous close.

Data tracked by StockTitan Argus for the Oct 6 session.

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In an unrelated transaction, Innventure closes $9.75 million equity financing

This press release was corrected to specify that Innventure’s private placement was unrelated to the strategic investment in Accelsius by Johnson Controls.

ORLANDO, Fla., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Innventure, Inc. (NASDAQ: INV) is pleased to announce a strategic investment in Accelsius, a provider of two-phase, direct-to-chip liquid cooling systems, by Johnson Controls (NYSE: JCI). JCI announced the transaction earlier today in a press release that can be found here.

In an unrelated transaction, Innventure also announces the closing of a private placement of Innventure common stock and warrants anchored by CastleKnight. The gross proceeds from this transaction were $9.75 million. This capital raise, along with the recently disclosed issuance to Yorkville of convertible debentures in an aggregate principal amount of up to $15 million, provides working capital to support Innventure’s ongoing business operations.

About Innventure
Innventure founds, funds, and operates companies with a focus on transformative, sustainable technology solutions acquired or licensed from multinational corporations. As owner-operators, Innventure takes what it believes to be breakthrough technologies from early evaluation to scaled commercialization utilizing an approach designed to help mitigate risk as it builds disruptive companies it believes have the potential to achieve a target enterprise value of at least $1 billion. Innventure defines ‘‘disruptive’’ as innovations that have the ability to significantly change the way businesses, industries, markets and/or consumers operate.

Media Contact: Laurie Steinberg, Solebury Strategic Communications
press@innventure.com

Investor Relations Contact: Sloan Bohlen, Solebury Strategic Communications
investorrelations@innventure.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Innventure announce on Oct 6, 2025 regarding the Johnson Controls investment?

Innventure said the Johnson Controls strategic investment in Accelsius is unrelated to Innventure's private placement.

How much did Innventure raise in the private placement announced Oct 6, 2025 (INV)?

Innventure raised $9.75 million in gross proceeds from a private placement anchored by CastleKnight.

What is the size of Innventure's convertible debentures disclosed in the Oct 6, 2025 announcement?

Innventure disclosed convertible debentures to Yorkville with an aggregate principal amount of up to $15 million.

How will the $9.75 million and up to $15 million financings affect Innventure (INV) shareholders?

Company says the financings provide working capital; however, issuance of stock, warrants, and convertible debentures may lead to equity dilution for existing shareholders.

Was Innventure's private placement tied to Johnson Controls' investment in Accelsius?

No. Innventure corrected the release to state the private placement is unrelated to Johnson Controls' strategic investment in Accelsius.

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