Unverified rumor circulating: Bankers allegedly pitched $INV board on raising capital for Accelsius at $1-1.5B valuation—contingent on Innventure relinquishing preferred voting control and selling some Accelsius shares to ease liquidity pressure without diluting shareholders.
Board allegedly rejected both terms outright, refusing to cede control or sell any stake. Sources claim bankers then warned against a proposed "spin-in" of Accelsius, calling it a "disaster" for multiple reasons.
If true, critics fear the move would be seen as extending alleged self-dealing practices and torpedo any chance of a credible $1B+ raise. One vocal investor now shifting focus from proposing shareholder-friendly solutions to calling for SEC and DOJ investigations, citing repeated shareholder harm and potential regulatory violations.
Board allegedly rejected both terms outright, refusing to cede control or sell any stake. Sources claim bankers then warned against a proposed "spin-in" of Accelsius, calling it a "disaster" for multiple reasons.
If true, critics fear the move would be seen as extending alleged self-dealing practices and torpedo any chance of a credible $1B+ raise. One vocal investor now shifting focus from proposing shareholder-friendly solutions to calling for SEC and DOJ investigations, citing repeated shareholder harm and potential regulatory violations.