{"success":true,"data":{"pressRelease":{"id":"133315","rtpr_id":"nGNX2jQcnW","ticker":"INV","exchange":"NASDAQ","all_tickers":["INV"],"title":"Innventure (INV) Faces Securities Class Action Amid Questions Over DarkNX Project Bookings Removal, Stock Drops – HBSS","author":"Globe Newswire","published_at":"2026-09-02T02:01:25.100Z","article_body":"SAN FRANCISCO, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Innventure, Inc. (NASDAQ:\nINV) and certain executives face a securities class action lawsuit after its\nstock price cratered 55% on August 14, 2026, triggered by the company’s\ndecisions to remove the DarkNX project from its 2026 forecast and suspend its\nrevenue guidance.\n\nAs a result of these developments, national shareholders rights firm Hagens\nBerman is investigating claims that Innventure violated the federal securities\nlaws. The firm encourages Innventure investors who suffered substantial losses\nto submit your losses now\n(https://www.globenewswire.com/Tracker?data=eb2ru146tb3RZbESAx2OtNq-n8_5LsOv8vGbEYCakRZX5gqQVnUFIRFPSudhhbns9lpoHLn-oXxHWqq39GfWWFVzKTnKl6wBQd-q1pU4xfqL8vCL1tYvA0VqAHzdtZhhILjeMX5b9sccvbiDQauTzw1NPZ6lytQUeRjrejVqzKg=).  \n\nClass Period: Nov. 17, 2025 – Aug. 13, 2026\nLead Plaintiff Deadline: Oct. 27, 2026\nVisit: www.hbsslaw.com/inv \nContact the Firm Now: INV@hbsslaw.com \n844-916-0895\n\nInnventure, Inc. (INV) Securities Class Action:\n\nThe litigation is focused on the propriety of Innventure’s statements about\nAccelsius’ arrangement with DarkNX, a purported global digital\ninfrastructure company, under which DarkNX would deploy Accelsius’ NeuCool\ntechnology across a new 300MW AI data center campus in Ontario, Canada.\n\nMore specifically, the company has characterized the project as “the largest\ntwo-phase, direct-to-chip deployment to date, signaling a major shift toward\nlarge-scale industry adoption of next-generation cooling.” In addition,\nduring the Class Period, Innventure assured investors that the DarkNX project\nis “proceeding as expected with initial deliveries expected in 2026.”\n\nThe company’s narrative began to come into question on May 28, 2026. That\nday, forensic research firm Morpheus Research published “Innventure: The\nLatest Iteration Of A Decades-Long Grift Propped Up By A Fake 300MW Data\nCenter Deal.” According to the Morpheus report, there was “zero evidence\nthis project exists or that DarkNX has the team or funding to even contemplate\nsuch a project.”\n\nThe report said “[a]ccording to a former Innventure executive, management\nwas using ‘false information’ and revenue projections that were ‘pure\nfiction’ to solicit investments into Accelsius.” Quoting a former\nAccelsius employee, when asked about DarkNX, the former employee reportedly\nsaid “‘we’ve never heard of the company’” and “‘there’s no\ndata center.’”\n\nOn August 13, 2026, Innventure’s narrative fully unraveled, when the company\nrevealed “that the deployment site identified in the DarkNX purchase order\nis no longer available.” Accordingly, the company removed the DarkNX project\nfrom its internal bookings and suspended its 2026 revenue and cash flow\nexpectations.\n\nAs a result of these revelations, between May 27, 2026 (the day before\nMorpheus’ report) and August 14, 2026, the price of Innventure shares\ncrumbled $4.795, or a whopping 74%.\n\n“We’re focused on whether Innventure may have intentionally or recklessly\nmisled its shareholders about the viability of the DarkNX project,” said\nReed Kathrein\n(https://www.globenewswire.com/Tracker?data=_iCIfT2QcaRP2EXjze3CkkETzwXkTc6T_idtZRiMAR2T90iD4u9jlMXyEK6z_Wl7UbDMVgLzLrlAsf31-DpAUMtW4HUy4PzpM7gNTESrTDlgX8BGy3tyVvSYP539T8XB),\nthe Hagens Berman partner leading the firm’s investigation.\n\nIf you invested in Innventure and have substantial losses, or have knowledge\nthat will assist the firm’s investigation, submit your losses now\n(https://www.globenewswire.com/Tracker?data=eb2ru146tb3RZbESAx2OtNq-n8_5LsOv8vGbEYCakRZCPjPbXcpThxmIhIZGt5O6wcXPLbCMMPecWmuEdtXZbr-0f0TPcPFWhOTou_1_JG38nhTdobZhFKCdl0sJGM4xJLJ-MgJWYptL3FwutBLAFbG-0_eKVMFwLON8oKb7YDA=)\n»\n\nWhistleblowers: Persons with non-public information regarding Innventure\nshould consider their options to help in the investigation or take advantage\nof the SEC Whistleblower program. Under the new program, whistleblowers who\nprovide original information may receive rewards totaling up to 30 percent of\nany successful recovery made by the SEC. For more information, call Reed\nKathrein at 844-916-0895 or email INV@hbsslaw.com.\n\nAbout Hagens Berman\n(https://www.globenewswire.com/Tracker?data=T70WzPIb1lfJ3Dg052_bTYSQ6CKFwwZuEVJUyT0DJEzQQaWh8h1rmrcqoVXpnOe5zexI9KB82bBpZZE2Wghyi9TxirMAISCBkZSx6Gkb5hc=)\nHagens Berman is a global plaintiffs’ rights complex litigation firm\nfocusing on corporate accountability. The firm is home to a robust practice\nand represents investors as well as whistleblowers, workers, consumers and\nothers in cases achieving real results for those harmed by corporate\nnegligence and other wrongdoings. Hagens Berman’s team has secured more than\n$2.9 billion in this area of law. More about the firm and its successes can be\nfound at hbsslaw.com\n(https://www.globenewswire.com/Tracker?data=kQ6W4hqutr4RA0bNoM5qqF_N_6nImfq5UG7NIdrqy2EAXEyVMP9y0KSmozvhTjAGbK8tH_pLaYhtB57Jo66KJA==).\nFollow the firm for updates and news at @ClassActionLaw. \n\nAttorney Advertising. Prior results do not guarantee a similar outcome in any\nfuture case.\n\nContact: Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300,\nBerkeley, CA 94710, 844-916-0895, INV@hbsslaw.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/2c81cd72-0ffb-43c9-9d0f-b622c3e44e43)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX2jQcnW","title":"Innventure (INV) Faces Securities Class Action Amid Questions Over DarkNX Project Bookings Removal, Stock Drops – HBSS","author":"Globe Newswire","ticker":"INV","created":"2026-09-02T02:01:25.100Z","tickers":["INV"],"exchange":"NASDAQ","article_body":"SAN FRANCISCO, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Innventure, Inc. (NASDAQ:\nINV) and certain executives face a securities class action lawsuit after its\nstock price cratered 55% on August 14, 2026, triggered by the company’s\ndecisions to remove the DarkNX project from its 2026 forecast and suspend its\nrevenue guidance.\n\nAs a result of these developments, national shareholders rights firm Hagens\nBerman is investigating claims that Innventure violated the federal securities\nlaws. The firm encourages Innventure investors who suffered substantial losses\nto submit your losses now\n(https://www.globenewswire.com/Tracker?data=eb2ru146tb3RZbESAx2OtNq-n8_5LsOv8vGbEYCakRZX5gqQVnUFIRFPSudhhbns9lpoHLn-oXxHWqq39GfWWFVzKTnKl6wBQd-q1pU4xfqL8vCL1tYvA0VqAHzdtZhhILjeMX5b9sccvbiDQauTzw1NPZ6lytQUeRjrejVqzKg=).  \n\nClass Period: Nov. 17, 2025 – Aug. 13, 2026\nLead Plaintiff Deadline: Oct. 27, 2026\nVisit: www.hbsslaw.com/inv \nContact the Firm Now: INV@hbsslaw.com \n844-916-0895\n\nInnventure, Inc. (INV) Securities Class Action:\n\nThe litigation is focused on the propriety of Innventure’s statements about\nAccelsius’ arrangement with DarkNX, a purported global digital\ninfrastructure company, under which DarkNX would deploy Accelsius’ NeuCool\ntechnology across a new 300MW AI data center campus in Ontario, Canada.\n\nMore specifically, the company has characterized the project as “the largest\ntwo-phase, direct-to-chip deployment to date, signaling a major shift toward\nlarge-scale industry adoption of next-generation cooling.” In addition,\nduring the Class Period, Innventure assured investors that the DarkNX project\nis “proceeding as expected with initial deliveries expected in 2026.”\n\nThe company’s narrative began to come into question on May 28, 2026. That\nday, forensic research firm Morpheus Research published “Innventure: The\nLatest Iteration Of A Decades-Long Grift Propped Up By A Fake 300MW Data\nCenter Deal.” According to the Morpheus report, there was “zero evidence\nthis project exists or that DarkNX has the team or funding to even contemplate\nsuch a project.”\n\nThe report said “[a]ccording to a former Innventure executive, management\nwas using ‘false information’ and revenue projections that were ‘pure\nfiction’ to solicit investments into Accelsius.” Quoting a former\nAccelsius employee, when asked about DarkNX, the former employee reportedly\nsaid “‘we’ve never heard of the company’” and “‘there’s no\ndata center.’”\n\nOn August 13, 2026, Innventure’s narrative fully unraveled, when the company\nrevealed “that the deployment site identified in the DarkNX purchase order\nis no longer available.” Accordingly, the company removed the DarkNX project\nfrom its internal bookings and suspended its 2026 revenue and cash flow\nexpectations.\n\nAs a result of these revelations, between May 27, 2026 (the day before\nMorpheus’ report) and August 14, 2026, the price of Innventure shares\ncrumbled $4.795, or a whopping 74%.\n\n“We’re focused on whether Innventure may have intentionally or recklessly\nmisled its shareholders about the viability of the DarkNX project,” said\nReed Kathrein\n(https://www.globenewswire.com/Tracker?data=_iCIfT2QcaRP2EXjze3CkkETzwXkTc6T_idtZRiMAR2T90iD4u9jlMXyEK6z_Wl7UbDMVgLzLrlAsf31-DpAUMtW4HUy4PzpM7gNTESrTDlgX8BGy3tyVvSYP539T8XB),\nthe Hagens Berman partner leading the firm’s investigation.\n\nIf you invested in Innventure and have substantial losses, or have knowledge\nthat will assist the firm’s investigation, submit your losses now\n(https://www.globenewswire.com/Tracker?data=eb2ru146tb3RZbESAx2OtNq-n8_5LsOv8vGbEYCakRZCPjPbXcpThxmIhIZGt5O6wcXPLbCMMPecWmuEdtXZbr-0f0TPcPFWhOTou_1_JG38nhTdobZhFKCdl0sJGM4xJLJ-MgJWYptL3FwutBLAFbG-0_eKVMFwLON8oKb7YDA=)\n»\n\nWhistleblowers: Persons with non-public information regarding Innventure\nshould consider their options to help in the investigation or take advantage\nof the SEC Whistleblower program. Under the new program, whistleblowers who\nprovide original information may receive rewards totaling up to 30 percent of\nany successful recovery made by the SEC. For more information, call Reed\nKathrein at 844-916-0895 or email INV@hbsslaw.com.\n\nAbout Hagens Berman\n(https://www.globenewswire.com/Tracker?data=T70WzPIb1lfJ3Dg052_bTYSQ6CKFwwZuEVJUyT0DJEzQQaWh8h1rmrcqoVXpnOe5zexI9KB82bBpZZE2Wghyi9TxirMAISCBkZSx6Gkb5hc=)\nHagens Berman is a global plaintiffs’ rights complex litigation firm\nfocusing on corporate accountability. The firm is home to a robust practice\nand represents investors as well as whistleblowers, workers, consumers and\nothers in cases achieving real results for those harmed by corporate\nnegligence and other wrongdoings. Hagens Berman’s team has secured more than\n$2.9 billion in this area of law. More about the firm and its successes can be\nfound at hbsslaw.com\n(https://www.globenewswire.com/Tracker?data=kQ6W4hqutr4RA0bNoM5qqF_N_6nImfq5UG7NIdrqy2EAXEyVMP9y0KSmozvhTjAGbK8tH_pLaYhtB57Jo66KJA==).\nFollow the firm for updates and news at @ClassActionLaw. \n\nAttorney Advertising. Prior results do not guarantee a similar outcome in any\nfuture case.\n\nContact: Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300,\nBerkeley, CA 94710, 844-916-0895, INV@hbsslaw.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/2c81cd72-0ffb-43c9-9d0f-b622c3e44e43)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-02T02:01:25.150752683Z","server_sent_at_ms":1788314485150},"received_at":"2026-09-02T02:01:25.237Z","source_url":null},"analysis":{"id":"122208","press_release_id":"133315","analysis_json":{"industry":null,"redFlags":[],"eventType":"legal_litigation","narrative":"Hagens Berman announced an investigation into Innventure concerning potential federal securities law violations related to the company's statements about the DarkNX project and its revenue guidance suspension.\n\nThe investigation follows a reported 74% decline in the stock price between May 27 and August 14, triggered by the removal of the DarkNX project from internal bookings.\n\nThe firm has set a lead plaintiff deadline of October 27, 2026, for shareholders who purchased securities between November 17, 2025, and August 13, 2026.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":{"customDimensions":{"stock_drop_amount":"$4.795","stock_drop_pct_aug14":"55%","stock_drop_pct_total":"74%","whistleblower_reward_max":"30%"}},"quotedText":"We’re focused on whether Innventure may have intentionally or recklessly misled its shareholders about the viability of the DarkNX project","namedEntities":{"people":[{"name":"Reed Kathrein","role":"Partner, Hagens Berman"}],"products":["NeuCool technology"],"companies":[{"name":"Innventure, Inc.","ticker":"INV"},{"name":"Hagens Berman","relationship":"plaintiff law firm"},{"name":"Accelsius","relationship":"subsidiary or partner"},{"name":"DarkNX","relationship":"partner"},{"name":"Morpheus Research","relationship":"research firm"}],"dollarAmounts":[{"amount":"$4.795","context":"share price decline from May 27 to August 14"},{"amount":"$2.9 billion","context":"Hagens Berman prior recoveries in this area of law"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm solicitation issued by Hagens Berman. The release invites investors to join a class action but does not announce a new material disclosure from the issuer, a court certification, or a settlement."},"tickerRelevance":{"others":[],"primary":"INV"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Hagens Berman announced an investigation into Innventure concerning potential federal securities law violations related to the company's statements about the DarkNX project and its revenue guidance suspension.\n\nThe investigation follows a reported 74% decline in the stock price between May 27 and August 14, triggered by the removal of the DarkNX project from internal bookings.\n\nThe firm has set a lead plaintiff deadline of October 27, 2026, for shareholders who purchased securities between November 17, 2025, and August 13, 2026.","key_figures":{"customDimensions":{"stock_drop_amount":"$4.795","stock_drop_pct_aug14":"55%","stock_drop_pct_total":"74%","whistleblower_reward_max":"30%"}},"named_entities":{"people":[{"name":"Reed Kathrein","role":"Partner, Hagens Berman"}],"products":["NeuCool technology"],"companies":[{"name":"Innventure, Inc.","ticker":"INV"},{"name":"Hagens Berman","relationship":"plaintiff law firm"},{"name":"Accelsius","relationship":"subsidiary or partner"},{"name":"DarkNX","relationship":"partner"},{"name":"Morpheus Research","relationship":"research firm"}],"dollarAmounts":[{"amount":"$4.795","context":"share price decline from May 27 to August 14"},{"amount":"$2.9 billion","context":"Hagens Berman prior recoveries in this area of law"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-02T02:03:32.780Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":127534,"modelName":"glm-4.7"}}