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Form 8-K · Current Report · Filed 2024-04-02

Inno Holdings Inc. Announces Changes in Board Composition

On March 31, 2024, Inno Holdings Inc. announced that Xiaogang Zhang and Richard Haws were removed from the Board of Directors without cause by the majority shareholders. Simultaneously, Qiaowei Fang and Yihan Cai were appointed to the Board to fill the vacancies. Both new directors will serve on the Compensation and Audit Committees and will receive $10,000 per quarter for their services. There are no familial relationships or past transactions between the new directors and the company.

Filer
Inno Holdings Inc. INHD · NASDAQ
Filed
Accession
0001493152-24-012553
CIK
0001961847
Signal
Medium impactBasic Materials

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Departure Board Member Appointed

Market reaction

Close before filing

$3,696.00

Next session

-20.1%

Since filing

-99.5%

Latest close

$18.00

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

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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