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Innventure Inc T.INV


Primary Symbol: INV

Innventure, Inc. founds, funds, and operates companies with a focus on transformative, sustainable technology solutions acquired or licensed from multinational corporations (MNCs). The Company is focused on unlocking value from technologies by building companies that it believes have the potential to achieve a billion-dollar enterprise value. For MNCs, it is an entrepreneurial platform that acquires and commercializes their innovations. It identifies and commercializes disruptive technology opportunities and is designed to help mitigate the risks associated with building start-up businesses by sourcing technology from MNCs. For investors, it creates an investment class targeting a combination of early-stage economics and late-stage risk. It provides full funding for each new company, assembling teams tailored to each operating company's unique needs. It leverages unrealized technologies in which MNCs have made research and development investments, but that are not yet commercialized.


NDAQ:INV - Post by User

Bullboard Posts
Comment by mtsuiton Nov 04, 2015 10:04pm
100 Views
Post# 24260307

RE:RE:RE:salman selling a dollar for 35 cents!

RE:RE:RE:salman selling a dollar for 35 cents!You're rgiht.  Thye just have to spend $4.1mm.  MD&A says:

"As a condition to the Company’s acquisition of Loma Larga, the Company guaranteed expenditures on the Loma Larga property of $15 million. As at June 30, 2015, INV Metals had an outstanding expenditure commitment of approximately $4.1 million. On March 6, 2014 the Company and IAMGOLD amended the share purchase agreement pursuant to which the Company acquired Loma Larga to extend the deadline to meet the expenditure commitment to the earlier of March 6, 2016 or the completion and filing of a bankable feasibility study."
Bullboard Posts