Philadelphia, September 28th / PRNewswire / -- Berger Montague PC indicates that this national law firm of plaintiffs has filed a class action on behalf of Innventure, Inc (Nasdaq ticker: INV) ("Innventure" or "the Company") investors. The class action targets investors who purchased or acquired Innventure securities between November 17, 2025, and August 13, 2026 (the "class action period"). The deadline to apply to be the lead plaintiff is October 27, 2026.

Q&A

What is this lawsuit about?

This lawsuit involves whether Innventure and some of its senior executives misled investors regarding the importance and prospects of a data center transaction between the company's subsidiary Accelsius Holdings LLC (“Accelsius”) and DarkNX. Innventure once described DarkNX as a global digital infrastructure developer.

On May 28, 2026, Morpheus Research released a report titled " Innventure : The Latest Iteration Of A Decades - Long Grift Propped Up By A Fake 300MW Data Center Deal ", stating that this DarkNX transaction was fabricated, and claimed that "there is no evidence to indicate the existence of such a project, or that DarkNX has a sufficient team or funds to even consider such a project." The report also mentioned that DarkNX appears to be a shell company registered at a residential address in the Toronto area, with about 9 employees, and lacks any significant experience in data centers or institutional financial support. Affected by this news, the stock price of Innventure fell by 0.54 dollars on May 28, 2026, a decrease of 8%, closing at 5.87 dollars.

Subsequently, after the close on August 13, 2026, Innventure announced its second-quarter results for 2026, revealing that "the deployment locations specified in the DarkNX purchase orders are no longer available" and that "Accelsius has removed the DarkNX project from its internal order book." Affected by this news, the stock price of Innventure fell by 1.98 dollars on August 14, 2026, a decrease of 55%, closing at 1.62 dollars.

What kind of company is Innventure?

Innventure is headquartered in Orlando, Florida, and is an industrial technology commercialization company that primarily operates through its subsidiary Accelsius. Accelsius focuses on developing and commercializing dual-phase, direct chip liquid cooling solutions for data centers and high-performance computing environments.

What do I need to do?

If you are an investor of Innventure and wish to learn more about this initiative, you can click here, or contact Andrew Abramowitz of Berger Montague, whose email is [email protected], or phone number (215) 875-3015; or contact Caitlin Adorni, whose email is [email protected], or phone number (267) 764-4865; you may also visit their website.

Innventure What is the deadline for the lead plaintiff?

The deadline for applying to be appointed as the lead plaintiff is October 27, 2026. This deadline applies only to investors who wish to serve as the lead plaintiff. Collective members who have not applied may still participate in any compensation and do not need to take action before this date.

About Berger Montague

Berger Montague is one of the leading law firms in the United States, specializing in complex civil litigation, class actions, and large-scale tort cases in federal and state courts across the country. It claims to have obtained over $2.4 billion in settlements alone from judgments after trials in 2025 and holds a leading position in various areas such as complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases. For over 55 years, Berger Montague has played a leading role in precedent-setting cases and has recovered over $50 billion for its clients and the groups they represent. Berger Montague is headquartered in Philadelphia and has offices in Chicago, Malvern, Pennsylvania; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C.; and Wilmington, Delaware.

For more information or to discuss your rights, please contact:

Andrew Abramowitz

Caitlin Adorni