On October 31, 2024, INNO Holdings Inc., headquartered in Texas, announced the entry into a securities purchase agreement with certain investors for the sale of 500,000 shares of common stock at $4.00 per share, amounting to an aggregate purchase price of $2,000,000. The closing of this transaction is scheduled on or before November 6, 2024. These shares are unregistered under the Securities Act of 1933 and are being sold in reliance on exemptions from registration requirements. Concurrently, INNO Holdings entered into a Registration Rights Agreement, committing to file a registration statement with the SEC for the resale of these shares by December 31, 2024, and to use commercially reasonable efforts to have it declared effective promptly. Additionally, INNO Holdings has regained compliance with Nasdaq's Minimum Bid Price Requirement, thus continuing its listing on The Nasdaq Stock Market, and the previously scheduled hearing with the Nasdaq Hearings Panel on December 12, 2024, has been cancelled.

On October 31, 2024, INNO Holdings Inc., headquartered in Texas, announced the entry into a securities purchase agreement with certain investors for the sale of 500,000 shares of common stock at $4.00 per share, amounting to an aggregate purchase price of $2,000,000. The closing of this transaction is scheduled on or before November 6, 2024. These shares are unregistered under the Securities Act of 1933 and are being sold in reliance on exemptions from registration requirements. Concurrently, INNO Holdings entered into a Registration Rights Agreement, committing to file a registration statement with the SEC for the resale of these shares by December 31, 2024, and to use commercially reasonable efforts to have it declared effective promptly. Additionally, INNO Holdings has regained compliance with Nasdaq's Minimum Bid Price Requirement, thus continuing its listing on The Nasdaq Stock Market, and the previously scheduled hearing with the Nasdaq Hearings Panel on December 12, 2024, has been cancelled.