Innventure, Inc. (NASDAQ: INV) announced on October 8, 2026, that it has entered into an at-the-market equity offering agreement (ATM) and has discontinued its standby equity purchase agreement with YA II PN, Ltd. (SEPA).
The company disclosed that the ATM allows for the sale of common stock with an aggregate offering size of up to $60 million. Under the terms of the agreement, Innventure is under no obligation to sell any shares, and sales are expected to occur over an extended period at the company's discretion. The timing and extent of any sales will be determined by parameters established and monitored by an independent committee of the company's Board of Directors.
Innventure stated that the move away from the SEPA was made after becoming eligible to use a Form S-3 shelf registration statement. The company intends to use the ATM with discipline, taking into account market conditions, capital needs, and the interests of shareholders. The company noted that the ATM provides flexibility to support the ongoing development of its operating company, Accelsius, and to control the timing and extent of dilution.
The company also highlighted a significant reduction in parent-company costs as part of its strategy to support Accelsius.
