Innventure, Inc. 8-K

What Happened
Innventure, Inc. (the Company) filed an 8-K on January 12, 2026 reporting that its subsidiary, Accelsius Holdings LLC, issued and sold Series B-1 Units to Legrand DPC, LLC and Johnson Controls, Inc. for $40 million based on an implied valuation of approximately $665 million. The filing also reports that approximately $6 million remains outstanding under convertible debentures issued to YA II PN, Ltd. (Yorkville), down from about $32.1 million as of September 30, 2025.

Key Details

• Accelsius sold Series B-1 Units to Legrand and Johnson Controls for $40,000,000.
• The Series B-1 pricing reflects an implied valuation of approximately $665,000,000 (valuation based on estimates and assumptions).
• Convertible debentures outstanding to YA II PN, Ltd. are approximately $6,000,000 as of January 12, 2026.
• This represents a reduction of about $26.1 million from the $32.1 million outstanding as of September 30, 2025; debentures were issued under agreements dated March 25, 2025 and September 15, 2025.

Why It Matters
The $40M funding at Accelsius’s subsidiary provides fresh capital and an implied valuation benchmark for Accelsius within Innventure’s portfolio. The sharp decline in outstanding convertible debentures reduces near-term potential liability and dilution related to those securities. Investors should note the filing’s caution that the stated valuation is based on estimates and assumptions and may not reflect future realizations.