Innventure, Inc. Form 8-K Filing
Innventure, Inc. has filed a Form 8-K detailing the voluntary forfeiture of 435,168 shares of its Common Stock by senior management and directors. These shares were originally issued as earnout shares based on an Accelsius purchase order from Dark NX ("Milestone One"). The forfeiture, effective August 24, 2026, was agreed upon by the individuals involved, including Roland Austrup, James O. Donnally, William Grieco, Gregory W. Haskell, John Scott, Michael Otworth, and David Yablunosky, due to the uncertainty surrounding the DarkNX agreement. Accelsius has removed the DarkNX project from its 2026 forecast as the project site is no longer available and DarkNX is seeking alternative sites. The forfeiture agreements were finalized on August 24, 2026, and the shares were canceled by the Company's transfer agent between September 8 and September 15, 2026. This action was deemed to be in the best interest of the Company and its stockholders.