NeuCool

Innventure Faces Securities Suit After 74% Stock Collapse Over DarkNX Deal

Innventure Faces Securities Suit After 74% Stock Collapse Over DarkNX Deal

San Francisco – September 10, 2026 -- 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.

Innventure Sued Over 55% Stock Drop Tied to DarkNX Data Center Deal

Innventure Sued Over 55% Stock Drop Tied to DarkNX Data Center Deal

New York City – September 10, 2026 -- Innventure, Inc. (NASDAQ:INV) faces a securities fraud class action after its stock collapsed 55% on August 14, 2026, following disclosures that its subsidiary Accelsius had pulled a marquee data center project from its bookings.

Innventure allegedly overstated the viability of Accelsius' DarkNX cooling contract

Law firm Bleichmar Fonti & Auld LLP filed the complaint in the U.S. District Court for the Southern District of New York, captioned Labed v. Innventure, Inc. et al., No. 26-cv-07377. The suit alleges Innventure and senior executives misrepresented an agreement between Accelsius and DarkNX to deploy NeuCool direct-to-chip liquid cooling technology across a proposed 300MW AI data center campus in Ontario, Canada. Innventure had cited the deal to project Accelsius reaching cash flow positivity by year-end 2026 and to support revenue growth forecasts.