Unverified rumor circulating: Bankers allegedly pitched $INV board on raising capital for Accelsius at $1-1.5B valuation—but with strings attached. The deal would require Innventure to surrender preferred voting control and sell some Accelsius shares to ease capital pressure without diluting shareholders.
Board reportedly rejected the proposal outright, refusing to give up control or sell any Accelsius stake. Bankers then allegedly warned that a "spin-in" of Accelsius would be a "disaster" and a "horrible idea."
If true, investor sentiment could sour fast. Critics say a spin-in would be seen as a self-dealing maneuver that tanks any chance of hitting a $1B valuation. Trust in management remains near zero.
One shareholder now threatening to escalate beyond the SEC—calling for DOJ involvement. Claims board is prioritizing "pure unmitigated greed" over common shareholders who've been "repeatedly raped" by leadership decisions.
No official confirmation. Regulatory scrutiny may intensify.
Board reportedly rejected the proposal outright, refusing to give up control or sell any Accelsius stake. Bankers then allegedly warned that a "spin-in" of Accelsius would be a "disaster" and a "horrible idea."
If true, investor sentiment could sour fast. Critics say a spin-in would be seen as a self-dealing maneuver that tanks any chance of hitting a $1B valuation. Trust in management remains near zero.
One shareholder now threatening to escalate beyond the SEC—calling for DOJ involvement. Claims board is prioritizing "pure unmitigated greed" over common shareholders who've been "repeatedly raped" by leadership decisions.
No official confirmation. Regulatory scrutiny may intensify.