INNO Holdings Inc., trading under the symbol INHD on The Nasdaq Stock Market, has received a Delisting Notice from Nasdaq due to the failure to meet the minimum bid price requirement. The company's common stock had been trading below $1.00 for 30 consecutive business days, violating Nasdaq's Listing Rule 5550(a)(2). The Delisting Notice, received on October 10, 2024, follows a previous warning issued on April 12, 2024. INNO Holdings intends to appeal the delisting decision by the October 17, 2024 deadline. The company has also implemented a one-for-ten reverse stock split on October 8, 2024, and expects to regain compliance with the Minimum Bid Price Requirement by October 24, 2024. If compliance is achieved and maintained for ten business days, and no other issues arise before the appeal hearing, the delisting process will be halted, and INNO Holdings will continue to be listed on the Nasdaq Capital Market.

INNO Holdings Inc., trading under the symbol INHD on The Nasdaq Stock Market, has received a Delisting Notice from Nasdaq due to the failure to meet the minimum bid price requirement. The company's common stock had been trading below $1.00 for 30 consecutive business days, violating Nasdaq's Listing Rule 5550(a)(2). The Delisting Notice, received on October 10, 2024, follows a previous warning issued on April 12, 2024. INNO Holdings intends to appeal the delisting decision by the October 17, 2024 deadline. The company has also implemented a one-for-ten reverse stock split on October 8, 2024, and expects to regain compliance with the Minimum Bid Price Requirement by October 24, 2024. If compliance is achieved and maintained for ten business days, and no other issues arise before the appeal hearing, the delisting process will be halted, and INNO Holdings will continue to be listed on the Nasdaq Capital Market.