$INV shareholder blasts Innventure leadership as "self-dealing destroyers of shareholder value."
Claims former CEO Otworth structured the company to enrich insiders through bloated overhead, related-party deals, and stock option grants—while share count ballooned from ~50M to 80M.
Accuses management of mishandling portfolio companies and undisclosed transactions (including alleged Vital Energy funding). Says Otworth was previously ousted from PureCycle and later sued for fraud.
Bright spot: Accelsius. Subsidiary's latest funding round implies $INV should trade above $3/share vs. current price—but investor trust is shot.
Demands new CEO Bill Grieco fire remaining "tainted" execs, slash overhead 95% to $3M/year, and exit AeroFlex and Refinery. "If they get out of Accelsius's way, the stock could rerate significantly."
Claims former CEO Otworth structured the company to enrich insiders through bloated overhead, related-party deals, and stock option grants—while share count ballooned from ~50M to 80M.
Accuses management of mishandling portfolio companies and undisclosed transactions (including alleged Vital Energy funding). Says Otworth was previously ousted from PureCycle and later sued for fraud.
Bright spot: Accelsius. Subsidiary's latest funding round implies $INV should trade above $3/share vs. current price—but investor trust is shot.
Demands new CEO Bill Grieco fire remaining "tainted" execs, slash overhead 95% to $3M/year, and exit AeroFlex and Refinery. "If they get out of Accelsius's way, the stock could rerate significantly."