Nvni Group Limited's December 2024 Financial Report: Key Settlements & Warrant Exchanges

Here are the key insights extracted from the financial report (Form 6-K) for Nvni Group Limited:

1. Company Information:

• Name: Nvni Group Limited
• Location: P.O. Box 10008, Willow House, Cricket Square, Grand Cayman, Cayman Islands KY1-1001
• Commission File Number: 001-41823

2. Reporting Period:

• The report pertains to the month of December 2024.

3. Material Agreements:

• Settlement Agreement and Warrant Exchange Agreement:
• • On December 27, 2024, Nvni Group Limited entered into a Settlement Agreement and Release with Alta Partners, LLC concerning an alleged dispute over certain warrants held by Alta.
  • As part of the Settlement Agreement, Alta agreed to exercise 300,000 warrants on a cash basis.
  • Under the Warrant Exchange Agreement, Alta will exchange the remaining 1,788,674 warrants for 894,337 ordinary shares of the Company, which will be retired.

4. Documentation:

• Copies of the Settlement Agreement and the Warrant Exchange Agreement are filed as Exhibits 10.1 and 10.2 to this report. The summary provided does not claim completeness and is subject to the detailed terms in these agreements.

5. Signatory:

• The report is signed by Pierre Schurmann, the Chief Executive Officer of Nvni Group Limited, on the date of the agreement (December 27, 2024).

This report indicates significant corporate actions involving the restructuring of warrants and shareholder equity, which may impact the company's capital structure and financial outlook.