Innventure, Inc. Announces Closing of $40 Million Registered Direct Offering of Common Stock

With the proceeds from the offering, Innventure expects to fully repay all outstanding convertible debentures

ORLANDO, Fla., Jan. 14, 2026 (GLOBE NEWSWIRE) -- Innventure, Inc. (NASDAQ: INV) (“Innventure” or the “Company”), an industrial growth conglomerate, today announced that it has closed its previously announced registered direct offering of common stock to four institutional investors via a securities purchase agreement. The offering resulted in gross proceeds of approximately $40 million, before deducting offering expenses.

The Company expects to use the net proceeds from the offering to redeem its outstanding convertible debentures and for working capital and general corporate purposes, which may include the ability of the Company to exercise its right to receive equity in Accelsius in lieu of cash for Accelsius’ repayment of approximately $8 million of intercompany convertible debt and associated interest. If exercised, this debt would convert into the same series of securities purchased by strategic investors in the recently announced Accelsius $65 million sale of Series B-1 Units, which was completed based on a post-money valuation of approximately $665 million.

“This offering strengthens much more than our balance sheet, it further accelerates Innventure’s long‑term strategy. Our model is built to unlock value from breakthrough technologies, and this capital allows us to advance that mission with even greater conviction. We now have enhanced flexibility to increase our ownership in Accelsius, a business that is rapidly scaling in the 2-phase, direct-to-chip cooling market with an expected sales opportunity pipeline exceeding $1 billion and significant strategic engagement across the industry,” said Bill Haskell, Chief Executive Officer of Innventure. “We are well positioned for growth and remain focused on driving durable shareholder value as we move through the quarters and years ahead.”

Titan Partners acted as sole placement agent for the offering. Northland Capital Markets served as a Capital Markets Advisor to the Company.

The offering was made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-292427), previously filed with the Securities and Exchange Commission (the “SEC”) on December 23, 2025 and subsequently declared effective by the SEC on January 9, 2026. The final terms of the offering were disclosed in a prospectus supplement filed with the SEC, which are available for free on the SEC’s website at www.sec.gov.