Unverified rumor circulating that bankers pitched $INV's board on raising capital for Accelsius at a $1-1.5B valuation—on the condition that Innventure surrender preferred voting control and sell some Accelsius shares to ease capital pressures without diluting shareholders.
Board allegedly rejected both proposals outright, refusing to relinquish control or sell any stake. When bankers were asked about a potential "spin-in" of Accelsius instead, they reportedly called it a "disaster" and a "horrible idea."
If true, critics argue this would be seen as a transparent attempt to perpetuate alleged self-dealing, severely damaging the company's ability to raise capital at favorable valuations due to trust issues.
One shareholder now says they're shifting focus from proposing solutions to pushing for SEC and DOJ involvement, citing repeated harm to common shareholders and what they describe as decision-making driven by "unmitigated greed."
No official confirmation from Innventure or the bankers involved.
Board allegedly rejected both proposals outright, refusing to relinquish control or sell any stake. When bankers were asked about a potential "spin-in" of Accelsius instead, they reportedly called it a "disaster" and a "horrible idea."
If true, critics argue this would be seen as a transparent attempt to perpetuate alleged self-dealing, severely damaging the company's ability to raise capital at favorable valuations due to trust issues.
One shareholder now says they're shifting focus from proposing solutions to pushing for SEC and DOJ involvement, citing repeated harm to common shareholders and what they describe as decision-making driven by "unmitigated greed."
No official confirmation from Innventure or the bankers involved.