Innventure Faces Securities Suit After 74% Stock Collapse Over DarkNX Deal
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San Francisco -- Innventure, Inc. (NASDAQ: INV) shares plunged 55% on August 14, 2026, after the company pulled its DarkNX data-center project from 2026 forecasts and suspended revenue guidance, triggering a securities class action investigation by Hagens Berman.
Stock lost 74% of value amid unraveling data-center claims
Between May 27, 2026 and August 14, 2026, Innventure shares fell $4.795, or 74%, as scrutiny mounted over its subsidiary Accelsius' purported agreement with DarkNX. The deal, which Innventure had described as "the largest two-phase, direct-to-chip deployment to date," involved deploying Accelsius' NeuCool cooling technology across a 300MW AI data center campus in Ontario, Canada.