Article

Innventure, Inc. has appointed Michael Otworth and Dr. John Scott as executives, transitioning from independent contractors to employees. The company's stock has seen volatility, gaining 10% last week but down 69% over the past year.

Both executives will retain similar compensation structures and are now eligible for employee benefits. Innventure recently completed a $40 million stock offering and a $40 million Series B-1 funding round for its subsidiary, Accelsius Holdings LLC, with plans for corporate use and strategic growth.