A shareholder is demanding answers from $INV (Innventure) over alleged insider enrichment.
The central allegation: post-SPAC compensation, subsidiary equity grants, and related-party deals funneled outsized economic gains to executives, directors, and consultants—while public shareholders absorbed dilution and declining ownership in key portfolio companies.
The shareholder is threatening a Section 220 books-and-records demand and calls for CEO Otworth's resignation, 95% overhead cuts, and an end to what they describe as "self-dealing."
Innventure has not publicly responded to the claims.
The central allegation: post-SPAC compensation, subsidiary equity grants, and related-party deals funneled outsized economic gains to executives, directors, and consultants—while public shareholders absorbed dilution and declining ownership in key portfolio companies.
The shareholder is threatening a Section 220 books-and-records demand and calls for CEO Otworth's resignation, 95% overhead cuts, and an end to what they describe as "self-dealing."
Innventure has not publicly responded to the claims.