Innventure LLC and Learn CW Investment Corporation Announce the Effectiveness of the Registration Statement on Form S-4 Filed in Connection With the Business Combination
Innventure LLC, an enterprise growth engine (“Innventure”), and Learn CW Investment Corporation, a special purpose acquisition company (Nasdaq: LCW) (“Learn CW”), today announced that the U.S. Securities and Exchange Commission (“SEC”) has declared effective the registration statement on Form S-4 (as amended, the “Registration Statement”) filed in connection with the previously announced proposed business combination between Innventure and Learn CW (the “Business Combination”). Learn CW is sponsored by CWAM LC Sponsor LLC, an affiliate of Learn Capital, LLC (“Learn Capital”), and Commonwealth Asset Management, a Los Angeles-based asset management platform founded in June 2019.
Learn CW expects to hold an extraordinary general meeting of its shareholders on September 30, 2024 to seek approval of the Business Combination and certain other related matters. In addition, Innventure will solicit written consents of its members to approve the Business Combination and certain other related matters.
“We’re thrilled to reach this critical milestone on our path to becoming a publicly traded company,” said Bill Haskell, CEO of Innventure. “We believe this transaction will better position us to advance our current family of companies and identify new technologies that can be the foundation for future growth. We look forward to offering shareholders access to disruptive companies that we believe offer early-stage economics with late-stage risk.”
Subject to satisfaction or waiver of certain closing conditions set forth in the business combination agreement (the “BCA”) and upon closing of the Business Combination, the combined company will be renamed Innventure, Inc., and its common stock and warrants are expected to be listed on the Nasdaq Global Market under the ticker symbols “INV” and “INVW,” respectively.
Innventure uses operational expertise to take breakthrough technologies sourced from multinational corporations to market. In the process, Innventure builds and scales companies around these technologies using a systematic, quantitative and repeatable analysis. Innventure has launched three such companies since its inception: PureCycle Technologies, AeroFlexx and Accelsius. PureCycle became a publicly traded company in 2021, and Innventure currently owns less than 2% of PureCycle.