Innventure dismisses BDO as auditor, cites material weaknesses, engages Withum; going concern noted.

Innventure, Inc.

BDO USA, PC dismissed as independent auditor effective Aug 18, 2025; WithumSmith+Brown, PC engaged for FY2025.
BDO's audit report included an explanatory paragraph about substantial doubt regarding going concern.
Material weaknesses: insufficient accounting staffing, lack of IT general controls, inventory costing, and segregation of duties.
No disagreements with BDO on accounting principles; BDO's letter to SEC filed as Exhibit 16.1 on Aug 20, 2025.

item 4.01

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