SCHEDULE 13G/A: CastleKnight Entities Update Passive Stake in Innventure, Inc. to 6.3%

CastleKnight Master Fund LP and affiliated entities have filed an amended Schedule 13G, disclosing a continued passive beneficial ownership of 6.3% in Innventure, Inc.'s common stock as of March 31, 2025.

Summary

• CastleKnight Master Fund LP, CastleKnight Fund GP LLC, CastleKnight Management LP, CastleKnight Management GP LLC, Weitman Capital LLC, and Aaron Weitman collectively reported beneficial ownership of 3,164,799 shares of Innventure, Inc. Common Stock.
• This aggregate amount represents 6.3% of Innventure, Inc.'s outstanding Common Stock.
• The reported beneficial ownership includes 3,156,655 warrants, each exercisable for one share of Common Stock.
• The reporting persons share both voting and dispositive power over all 3,164,799 shares.
• The filing is an Amendment No. 1 to a Schedule 13G, indicating an update to a previously reported passive investment.
• The securities were not acquired and are not held for the purpose of changing or influencing the control of Innventure, Inc.

Sentiment

Score: 5

Explanation: The document is a factual regulatory filing (Schedule 13G/A) reporting beneficial ownership. It contains no positive or negative operational or financial news, thus maintaining a neutral sentiment.

Positives

• The filing indicates continued institutional interest in Innventure, Inc. from CastleKnight entities.
• The investment is stated to be passive, suggesting no immediate intent to influence company control or operations.

Risks

• The document itself does not introduce new risks for Innventure, Inc.; it is a disclosure of existing ownership.

Future Outlook

The document is a regulatory filing detailing beneficial ownership and does not contain any forward-looking statements or guidance regarding Innventure, Inc.'s future performance or strategic direction.

Management Comments

• Aaron Weitman, Manager of Weitman Capital LLC (managing member of CastleKnight Fund GP LLC and CastleKnight Management GP LLC), signed the filing on behalf of all reporting persons, certifying that the securities were not acquired for the purpose of changing or influencing control of the issuer.

Industry Context

This filing is a routine disclosure of a significant passive ownership stake by an institutional investor group. It reflects an ongoing investment by CastleKnight entities in Innventure, Inc., which is a common occurrence in the public markets and does not inherently indicate broader industry trends beyond general investor interest in the company's sector.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant passive institutional investor's stake in the company, confirming a 6.3% ownership by CastleKnight entities.

Key Dates

Keywords

Innventure Inc., CastleKnight Master Fund LP, Schedule 13G/A, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, SEC Filing, Equity Stake