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Director Daniel J Hennessy of Innventure, Inc. (EXCHANGE:INV), a company with a market capitalization of $254.36 million, recently sold a total of $77,979 worth of company stock. According to a Form 4 filing with the Securities and Exchange Commission, the sales occurred between October 6 and October 8, 2025, with prices ranging from $5.01 to $5.11 per share. The transactions come as the stock has declined 18.81% in the past week and 63.54% year-to-date.
On October 6, Hennessy sold 6,265 shares of Common Stock at an average price of $5.11. The weighted average price for these shares ranged from $5.00 to $5.36. On October 7, he sold 500 shares at a price of $5.01, with the weighted average price ranging from $5.01 to $5.015. The final transaction occurred on October 8, with 8,606 shares sold at an average price of $5.05. The weighted average price for these shares ranged from $5.00 to $5.15. The stock is currently trading well below its 52-week high of $14.95, with InvestingPro data showing significant price volatility.
Following these transactions, Hennessy directly owns 1,184,573 shares of Innventure, Inc.
The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 20, 2025.
In other recent news, Innventure Inc. reported a revenue increase in its second-quarter 2025 earnings, driven by its Accelsius division and ESG fund management. The company completed a $9.75 million private placement of common stock and Series A warrants, which will provide working capital for ongoing operations. In parallel, Accelsius Holdings LLC, a subsidiary of Innventure, received a $25 million investment from Johnson Controls, intended for general company purposes. Johnson Controls’ investment in Accelsius highlights a strategic focus on energy-efficient cooling solutions for data centers.
Additionally, Innventure’s Audit Committee approved the dismissal of BDO USA as its independent registered public accounting firm and appointed WithumSmith+Brown as the new auditor. BDO had audited Innventure since October 2024, with no adverse opinions on the company’s financial statements. The change in auditors comes amidst Innventure’s strategic expansion efforts. These developments reflect Innventure’s focus on financial and operational restructuring.
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