Business Context and Reporting Period
This Form 8-K is filed by Innventure, Inc. (INV), a Delaware corporation, on January 12, 2026. The report details significant corporate events under Item 8.01, specifically a new equity funding round for its subsidiary, Accelsius Holdings LLC, and an update on outstanding convertible debentures.
Key Financial Metrics
- Equity Financing: Accelsius Holdings LLC raised $40 million through the issuance of Series B-1 Units to Legrand DPC, LLC and Johnson Controls, Inc.
- Valuation: The funding round implies a valuation of approximately $665 million for Accelsius.
- Debt Outstanding: As of January 12, 2026, approximately $6 million remains outstanding under convertible debentures issued to Yorkville (YA II PN, Ltd.).
- Liquidity and Cash Flow: The filing does not provide specific consolidated cash flow, revenue, or profit figures for Innventure, Inc. as a whole.
Material Changes Versus Prior Period
- Debt Reduction: The outstanding balance of convertible debentures decreased by approximately $26.1 million, dropping from $32.1 million as of September 30, 2025, to $6 million as of January 12, 2026.
- Capital Structure: The company has added $40 million in equity capital to its subsidiary, Accelsius, which represents a material change in the subsidiary's capitalization.
Guidance, Outlook, and Risks
Management commentary is limited to the announcement of the funding and debt reduction. The filing includes a standard risk disclosure regarding the valuation methodology, noting that the $665 million valuation is based on estimates and assumptions that may not be accurate. No forward-looking guidance, revenue outlook, or discussion of contingencies beyond the debt repayment is provided in this text.
Investor Verification Checklist
- Verify the terms of the Series B-1 Units issued to Legrand and JCI, including conversion rights and liquidation preferences.
- Confirm the specific use of proceeds from the $40 million Accelsius funding round.
- Review the full terms of the convertible debentures with Yorkville to understand the repayment mechanism that reduced the balance by $26.1 million.
- Check subsequent filings for consolidated financial impact of the Accelsius transaction on Innventure's balance sheet.