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Form 8-K · Current Report · Filed 2024-01-16

INNO Holdings, Inc. Announces Purchase of Office Space in Pomona, California

On January 4, 2024, INNO Holdings, Inc. (INHD) announced the purchase of approximately 120,776 square feet of office space in Pomona, California from Pomona Office Tower, LLC and WG Kupka, LLC for $14,600,000. The transaction includes the assumption of a $9,690,000 promissory note, with the remaining balance to be paid to the sellers. A deposit of $440,000 has been placed in escrow. The terms of the purchase agreement are detailed in Exhibit 10.1 to this report.

Filer
Inno Holdings Inc. INHD · NASDAQ
Filed
Accession
0001493152-24-002423
CIK
0001961847
Signal
Medium impactBasic Materials

Items reported

Item 1.01

Entry into a Material Definitive Agreement

New Major Contract
Item 2.03

Creation of a Direct Financial Obligation

New Debt Issued
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$5,664.00

Next session

-8.5%

Since filing

-99.7%

Latest close

$18.00

What happened, not what will happen — closing prices around the filing date.

Exhibits (1)

About Inno Holdings Inc.

Inno Holdings Inc. is a multinational corporation specializing in innovative technology solutions and providing a broad spectrum of products and services in the tech sector. Serving as a leader in research and development, the company focuses on creating cutting-edge advancements in robotics, artificial intelligence, and semiconductor technologies. Inno Holdings supports various industries, including automotive, consumer electronics, and telecommunications, by offering components and systems that drive efficiency and enhance capabilities. With a strong emphasis on sustainable and smart technologies, the company partners with global enterprises to integrate these solutions into their operating models, thereby impacting product design and user experiences. The significance of Inno Holdings in the market lies in its commitment to driving technological progress and setting industry standards through continuous innovation and strategic collaborations.

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