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 (SEPA) with YA II PN, Ltd.
The new ATM agreement allows the company to sell common stock with an aggregate offering size of up to $60 million. However, the company is under no obligation to sell any shares and expects sales to occur over an extended period at its discretion. The timing and extent of sales are to be determined by parameters established and monitored by an independent committee of the company’s Board of Directors.
The company noted that it became eligible to use a Form S-3 shelf registration statement, which prompted the shift from the SEPA to the ATM. The company stated that the ATM provides greater control over how and when equity capital is raised and supports disciplined capital management. The Board emphasized that the ATM provides flexibility to control the timing and extent of dilution as the company focuses on its operating company, Accelsius.
Innventure’s Chief Executive Officer, Dr. Bill Grieco, stated that the ATM is an important tool in the company’s capital strategy and will be used with discipline, taking into account market conditions and capital needs. The company also highlighted significant reductions in parent-company costs as part of its strategy.
