Kaplan Fox announces Innventure class action after DarkNX disclosures trigger 55% stock plunge

  • Kaplan Fox announced a securities class action against Innventure over DarkNX disclosures.
  • Innventure shares fell $1.98, or 55%, to $1.62 on Aug. 14, 2026.
  • The proposed class period runs from Nov. 17, 2025, through Aug. 13, 2026.

Kaplan Fox & Kilsheimer LLP has announced that a securities class action was filed against Innventure, Inc. and certain defendants on behalf of investors who purchased or otherwise acquired the company’s securities from Nov. 17, 2025, through Aug. 13, 2026. The case centers on statements about Innventure subsidiary Accelsius’ agreement with DarkNX to deploy NeuCool technology across a new 300-megawatt AI data center campus in Ontario, Canada. On Aug. 13, 2026, Innventure suspended its previously communicated 2026 revenue and cash-flow expectations for Accelsius, saying the deployment site identified in the DarkNX purchase order was no longer available and that the project had been removed from internal bookings. Innventure shares fell $1.98, or 55%, to close at $1.62 on Aug. 14. The complaint alleges that Innventure overstated the project’s viability and its 2026 outlook, while failing to disclose that the DarkNX deal was unlikely to proceed. Investors have until Oct. 27, 2026, to ask the court to serve as lead plaintiff, although participation in that process is not required to share in any potential recovery. Hagens Berman had separately announced an investigation into potential federal securities-law violations and sought information from investors and potential whistleblowers.

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