INVESTOR ALERT: Wolf Popper LLP Reminds Innventure, Inc. Investors of Pending Securities Fraud Class Action and October 27, 2026 Lead Plaintiff Deadline

Investors Who Purchased or Otherwise Acquired Innventure Securities Between November 17, 2025 and August 13, 2026 May Seek Appointment as Lead Plaintiff

NEW YORK, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Wolf Popper LLP, a law firm representing investors in securities litigations, reminds investors that a securities class action lawsuit has been filed against Innventure, Inc. (“Innventure” or the “Company”) (NASDAQ: INV) and certain of its senior officers.

The lawsuit is brought on behalf of investors who purchased or otherwise acquired Innventure securities between November 17, 2025 and August 13, 2026, inclusive (the “Class Period”). Investors seeking appointment as lead plaintiff must file a motion with the Court by October 27, 2026.

The case, Labed v. Innventure, Inc. et al., No. 26-cv-07377, is pending in the United States District Court for the Southern District of New York.

WHAT IS THE CASE ABOUT?

The lawsuit centers on statements concerning Innventure subsidiary Accelsius Holdings LLC (“Accelsius”) and its announced arrangement with DarkNX, a purported global digital infrastructure company. Under the announced arrangement, DarkNX was expected to deploy Accelsius’ NeuCool liquid-cooling technology across a new 300MW AI data center campus in Ontario, Canada.

During the Class Period, Innventure portrayed the DarkNX project as a significant commercial validation of Accelsius’ technology. The Company described it as the “largest two-phase, direct-to-chip deployment to date” and later stated that the project was “proceeding as expected with initial deliveries expected in 2026.”

According to the complaint, however, defendants failed to disclose that:

• the DarkNX project was unlikely to come to fruition because there allegedly was no evidence that DarkNX was constructing or facilitating a large-scale AI data center;
• as a result, Innventure’s stated 2026 revenue and cash-flow expectations for Accelsius were allegedly overstated; and
• defendants’ positive statements concerning Innventure’s business, operations, and prospects were therefore materially misleading or lacked a reasonable basis.
  

The complaint alleges that investors purchased Innventure securities at artificially inflated prices because the market was not provided an accurate picture of the viability of the DarkNX project and its contribution to Accelsius’ expected 2026 performance.

WHAT HAPPENED?

On May 28, 2026, before the market opened, Morpheus Research published a report challenging the existence and viability of the DarkNX project. Among other things, the report alleged that there was “zero evidence this project exists” and quoted former employees who questioned whether DarkNX had customers or a data center.

Following publication of the report, Innventure shares fell $0.54 per share, or 8.4%, to close at $5.87 per share on May 28, 2026.

Then, on August 13, 2026, after the market closed, Innventure reported second-quarter 2026 results and announced that it was suspending its previously communicated expectations for Accelsius’ 2026 revenue and cash-flow targets. In its Form 10-Q filed the same day, Innventure disclosed that “the deployment site identified in the DarkNX purchase order is no longer available” and that Accelsius had removed the DarkNX project from its internal bookings.

On this news, Innventure shares fell $1.99 per share, or 55%, to close at $1.62 per share on August 14, 2026.

WHAT CAN INV INVESTORS DO?

If you purchased or otherwise acquired Innventure securities between November 17, 2025 and August 13, 2026 and suffered a loss, you may contact Adam Savett at (212) 451-9655 or asavett@wolfpopper.com to discuss your legal rights.

Investors who wish to seek appointment as lead plaintiff must file a motion with the Court no later than October 27, 2026. You do not need to serve as lead plaintiff to participate in any potential recovery.

Wolf Popper has successfully recovered billions of dollars for defrauded investors. Wolf Popper’s reputation and expertise have been repeatedly recognized by courts that have appointed the firm to major positions in securities litigation. For more information about Wolf Popper, please visit the Firm’s website at www.wolfpopper.com.

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Wolf Popper LLP
Adam Savett Esq.
570 Lexington Avenue
New York, NY 10022
Tel.: (212) 451-9655
Email: asavett@wolfpopper.com