Innventure Inc. Dismisses BDO USA Over Internal Control Weaknesses

Reuters

2025/08/21

Innventure Inc. Dismisses BDO USA Over Internal Control Weaknesses

Innventure Inc. has announced a change in its certifying accountants, effective immediately, following a decision by the Audit Committee of its Board of Directors on August 18, 2025. The company has dismissed BDO USA, PC as its independent registered public accounting firm, a role BDO had fulfilled since October 2024, and for the company's predecessor, Innventure LLC, since June 2022. Despite BDO's reports on Innventure's consolidated financial statements containing no adverse opinions for the fiscal years ending December 2023 and 2024, there was an explanatory paragraph citing substantial doubt about Innventure's ability to continue as a going concern. There were no disagreements or reportable events with BDO during their tenure, apart from material weaknesses noted. Innventure Inc. did not disclose the new accounting firm that will be taking over from BDO.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Innventure Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-040919), on August 20, 2025, and is solely responsible for the information contained therein.

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Dismisses BDO USA Over Internal Control Weaknesses\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Innventure Inc. has announced a change in its certifying accountants, effective immediately, following a decision by the Audit Committee of its Board of Directors on August 18, 2025. The company has dismissed BDO USA, PC as its independent registered public accounting firm, a role BDO had fulfilled since October 2024, and for the company's predecessor, Innventure LLC, since June 2022. Despite BDO's reports on Innventure's consolidated financial statements containing no adverse opinions for the fiscal years ending December 2023 and 2024, there was an explanatory paragraph citing substantial doubt about Innventure's ability to continue as a going concern. There were no disagreements or reportable events with BDO during their tenure, apart from material weaknesses noted. 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ID: 0001628280-25-040919), on August 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"INV","symbol_name":"INNVENTURE INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250820:nNDL5fXtr6:1","article_id":"2561048492","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2561048492","pubTimestamp":1755723738,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Innventure Inc. has announced a change in its certifying accountants, effective immediately, following a decision by the Audit Committee of its Board of Directors on August 18, 2025. 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