What's Going On With Innventure Stock Monday?
Innventure-backed Accelsius upgrades Austin lab for next-gen AI rack cooling. INV stock rises over 7% following the news.
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Innventure Establishes At-The-Market Equity Offering Agreement`
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Innventure shares are trading higher after Accelsius announced that it has upgraded its Springdale lab and facility in Austin, Texas, to multi-megawatt power for two-phase liquid cooling testing.
Innventure’s Accelsius Announces Multi-Megawatt Upgrade To Austin Liquid Cooling Test Lab, 18,000-Square-Foot Expansion In January
Innventure Announces Establishment of At-the-Market Equity Program and Discontinuation of SEPA
Innventure, Inc. (NASDAQ: INV) announced it has discontinued its standby equity purchase agreement (SEPA) with YA II PN, Ltd. and established a new at-the-market (ATM) equity offering program of up to $60 million. The company is implementing significant cost reductions and focusing efforts on its Accelsius subsidiary to achieve growth milestones. Leadership emphasized disciplined capital management and shareholder value creation.