INNVENTURE
The Customer
INNVENTURE, Inc. (Nasdaq: INV) is a company that specializes in founding, funding, owning, and operating startups built around disruptive technologies. Its unique approach is designed to reduce the risks typically associated with early-stage ventures while maximizing growth potential. By leveraging strategic partnerships with multinational corporations (MNCs), Innventure identifies breakthrough technologies and transforms them into high-growth companies.
The Challenge
Innventure is a company that needs to constantly raise capital to execute their business model right now. Positive cash flow from the businesses where they maintain a majority position is not expected over the next several quarters. Since the Company is a shareholder of several private entities, valuations are difficult to calculate. The challenge is to make sure the parent company is properly capitalized AND the investor base understands value of their investments using a “sum of the parts” calculation. In addition, INV was a SPAC, and the founding shareholders now have all their shares registered after years of not being able to sell. Our expertise in Capital Markets Advisory and Deal structure along with our “deep dive” Investor Relations programs were the perfect fit for what Innventure was seeking.
The Solution and Results
The chart shown covers the period we helped Innventure raise the $20 MM dollars they sought. It also covers the time when the SPAC shares were released. The chart clearly shows how our IR team performed as the stock bottomed with increasing volume due to the initial SPAC investors selling. The stock bottomed out just below $3/share and then started its ascent to nearly $6/share on increased volume. We were able to place several accredited investors into the $20 MM financing. Our deep dive IR program and Digital Marketing efforts clearly were effective as the volume and stock price reacted positively.
