Michael Otworth's Schedule 13D Filing for Innventure, Inc.
Michael Otworth, the Executive Chairman and a Class III director of Innventure, Inc., filed a Schedule 13D with the SEC on April 24, 2025. The filing discloses that Otworth beneficially owns 2,942,902 shares of Innventure's common stock, representing approximately 5.5% of the outstanding shares. Otworth acquired these shares through various transactions, including the business combination on October 2, 2024, milestone achievements, and conversions of Series C Preferred Stock. The filing states that Otworth holds these shares for investment purposes only and has no current plans or proposals that would result in significant changes to the company. The filing also confirms that Otworth has not been involved in any legal proceedings related to securities laws in the past five years.