Investors in Innventure may have suffered losses due to DarkNX misrepresentations

New York, New York, Faruqi & Faruqi, LLP, a leading national securities law firm, is reminding investors of Innventure, Inc. (NASDAQ: INV) who may have suffered losses due to the company’s alleged misrepresentations about its Accelsius' DarkNX AI data center project. The firm is encouraging investors who purchased or acquired Innventure securities between November 17, 2025, and August 13, 2026, to contact partner James (Josh) Wilson directly to discuss their legal rights.

According to Faruqi & Faruqi, the lawsuit alleges that Innventure and its executives violated federal securities laws by making false or misleading statements and failing to disclose critical information. The complaint specifically points to the alleged infeasibility of the DarkNX project, which was inaccurately represented as a key revenue driver for Accelsius in 2026. This misrepresentation, the firm claims, led to inflated revenue and cash flow targets that were ultimately abandoned by Innventure.

On May 28, 2026, Morpheus Research published a report alleging that the DarkNX venture was a fabrication. The report, which cited multiple former Innventure employees, revealed that there was "zero evidence this project exists or that DarkNX has the team or funding to even contemplate such a project." The news sent Innventure's stock price plummeting by 8.42%, closing at $5.87 per share on unusually heavy trading volume.

In its August 13, 2026, earnings report, Innventure disclosed a net loss of $34.9 million and an adjusted EBITDA loss of $22.6 million, significantly worse than the first quarter figures. The company also announced that it would suspend its previously communicated 2026 revenue and cash flow targets and shift its focus. On the same day, Innventure filed a Form 10-Q with the SEC, removing the DarkNX project from internal bookings due to an unavailable deployment site.

The firm is reminding investors that a deadline of October 27, 2026, exists for potential lead plaintiff appointments in the federal securities class action lawsuit. As a lead plaintiff, an investor will represent the class and help oversee the litigation. Any investor with information regarding Innventure's conduct, including whistleblowers and former employees, is encouraged to contact Faruqi & Faruqi, LLP.

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