Innventure shares plunge 55% after DarkNX project removed from forecast

  • Wolf Haldenstein filed a securities lawsuit against Innventure and certain executives.
  • Innventure shares fell $1.98, or 55%, to $1.62 on Aug. 14, 2026.
  • Investors who purchased shares during the class period face an Oct. 27 deadline.

Innventure, Inc. and certain executives face a securities class action filed in the U.S. District Court for the Southern District of New York over disclosures about Accelsius’ DarkNX data-center project. The complaint alleges that Innventure overstated the project’s likelihood and value, along with Accelsius’ expected 2026 revenue and cash flow, while failing to disclose information indicating the project was unlikely to proceed. Innventure suspended its previously communicated 2026 Accelsius revenue and cash-flow expectations on Aug. 13, 2026, after stating in a Form 10-Q that the DarkNX deployment site was no longer available and the project had been removed from internal bookings. Shares fell $1.98, or 55%, from $3.60 on Aug. 12 to $1.62 on Aug. 14. The class period runs from Nov. 17, 2025, through Aug. 13, 2026, and the lead-plaintiff deadline is Oct. 27, 2026. The case follows an earlier investigation by Hagens Berman into Innventure’s statements about Accelsius’ NeuCool technology and a planned 300-megawatt AI data-center campus in Ontario, Canada. Hagens Berman had also reported a separate 74% decline between May 27 and Aug. 14. Wolf Haldenstein is seeking investors and others with relevant information to contact the firm.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.
Innventure shares plunge 55% after DarkNX project removed from forecast - CoinPost Terminal