Innventure, Inc. is facing an investigation by Kirby McInerney LLP on behalf of investors into possible federal securities-law violations and other unlawful business practices. The company established Accelsius in 2022 to develop and scale AI data centers. After short-seller Morpheus Research alleged in May that Accelsius’ DarkNX venture to build an AI data-center campus in Ontario was fabricated, Innventure disclosed on Aug. 13 that the site identified in a DarkNX purchase order was no longer available and that the project had been removed from internal bookings. Innventure reported a second-quarter 2026 net loss of $34.9 million, compared with $27.8 million in the first quarter, while Adjusted EBITDA losses widened to $22.6 million from $18.4 million. The company also reported a loss per share of $0.32 and revenue of $953,000, missing consensus estimates, and suspended its previously communicated 2026 revenue and cash-flow targets for Accelsius. Its shares fell $1.98, or 55%, to close at $1.62 on Aug. 14. No lawsuit has been filed, and Kirby McInerney said its investigation is ongoing.