24/7 Market News- Innventure and Learn CW Investment Corporation Close Business Combination

October 3, 2024

DENVER, Colo., Oct 03, 2024 (247marketnews.com)- Innventure (NASDAQ:INV) and Learn CW Investment Corporation (NASDAQ:LCW) reported completing their previously announced business combination, with the combined company’s common stock now trading on the Nasdaq Stock Market under the ticker symbol “INV” beginning today.

Bill Haskell, Innventure’s CEO, commented, “We’re thrilled to reach this milestone, which supports our goal to found, fund and operate companies that offer transformative technology solutions.

“We believe becoming a public company creates a unique opportunity to offer investors access to technologies with early-stage economics and late-stage risk. I’m grateful to our partners at Learn CW for recognizing the value of our unique business model and supporting our vision to be a conglomerate of majority-owned companies. I’d also like to thank our multinational corporation partners for their engagement and collaboration, and the trust they put in us to commercialize their breakthrough technologies. We look forward to growing Innventure and maximizing shareholder value over the long term.”

Rob Hutter, Learn CW’s CEO, stated, “As someone who has spent my career in venture creation, I am thrilled to help bring Innventure to the public market. I believe this public listing will further accelerate Innventure’s credibility and standing as the innovation launch partner of choice for the world’s largest companies, giving Innventure, in my opinion, the pick of the best opportunities for years to come and enabling investors to share in a remarkable stream of innovative companies that could compound over time and that are available few other places.”

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