Inno Holdings Inc.
Inno Holdings Inc. Enters into Securities Purchase Agreement
Summary
On November 13, 2024, Inno Holdings Inc. entered into a Securities Purchase Agreement with nine non-U.S. investors to issue and sell 729,167 shares of common stock in a private placement offering at a purchase price per share of $4.80, for gross proceeds of approximately $3.5 million. The offering and sale of the securities are exempt from registration under Rule 903 of Regulation S under the Securities Act of 1933 because all of the investors were non-U.S. Persons. The Company is required to prepare and file one or more registration statements to register for the resale of the Shares.
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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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