INNO Holdings Inc. announced a one-for-ten reverse stock split of its Common Stock, which will take effect in the market on October 9, 2024, at 3:31 pm Central Time. The company filed a Certificate of Amendment with the Secretary of State of Texas to execute this change. The reverse stock split is set to begin trading on an adjusted basis on the Nasdaq Capital Market from October 10, 2024, under the same trading symbol 'INHD'. The new CUSIP number post-split will be 4576JP208. This action will convert every ten shares of the existing Common Stock into one share post-split. Fractional shares will be rounded up to the nearest whole share, and the number of authorized shares and the par value of the...Show More

INNO Holdings Inc. announced a one-for-ten reverse stock split of its Common Stock, which will take effect in the market on October 9, 2024, at 3:31 pm Central Time. The company filed a Certificate of Amendment with the Secretary of State of Texas to execute this change. The reverse stock split is set to begin trading on an adjusted basis on the Nasdaq Capital Market from October 10, 2024, under the same trading symbol 'INHD'. The new CUSIP number post-split will be 4576JP208. This action will convert every ten shares of the existing Common Stock into one share post-split. Fractional shares will be rounded up to the nearest whole share, and the number of authorized shares and the par value of the Common Stock will remain unchanged. The reverse stock split is intended to affect all shareholders uniformly and will not alter any shareholder's percentage ownership of the company's Common Stock, except for adjustments due to rounding of fractional shares. Shareholders holding shares in electronic form or in book-entry form will not need to take any action as the changes will be reflected automatically in their accounts. The company has also made forward-looking statements regarding its intentions to regain compliance with the Nasdaq continued listing standards.