Innventure Inc. Subsidiary Accelsius Enters Amended License Agreement with Nokia, Eliminating Revenue-Based Royalties

Reuters
07/03
Innventure Inc. Subsidiary Accelsius Enters Amended License Agreement with Nokia, Eliminating Revenue-Based Royalties

Innventure Inc. has announced that its controlled subsidiary, Accelsius, LLC, has entered into an Amended and Restated Technology License and Know-How Agreement with Nokia. This agreement, signed on June 30, 2025, updates the terms of the previous agreement from May 2022. Notably, the new agreement eliminates Accelsius' obligation to pay Nokia royalty payments based on revenues and extends the schedule for fixed installment payments. It also includes modifications to the buy-out fee payable to Nokia in lieu of future payments and grants Nokia certain information rights regarding Accelsius' equity ownership. The changes aim to support Accelsius' operations in two-phase cooling technology while adjusting financial and operational terms to benefit both parties.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Innventure Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-033968), on July 02, 2025, and is solely responsible for the information contained therein.

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