Form 8-K · Current Report · Filed 2024-12-23

Inno Holdings Inc. Completes $1.75 Million Private Placement with Non-U.S. Investors

On December 23, 2024, Inno Holdings Inc. completed the sale of 700,000 shares of common stock at $2.50 per share to nine non-U.S. investors, raising approximately $1.75 million. The sale was exempt from registration under Rule 903 of Regulation S and the proceeds will be used for working capital and other general corporate purposes.

Filer: Inno Holdings Inc. INHD · NASDAQ
Filed: 2024-12-23
Accession: 0001493152-24-051837
CIK: 0001961847
Signal: Medium impactBasic Materials
Source: Official filing on sec.gov ↗

Items reported

Item 3.02

Unregistered Sales of Equity Securities

Unregistered Stock Issuance Private Placement

Market reaction

Close before filing

$2,246.40

Next session

-1.9%

Since filing

-99.2%

Latest close

$18.00

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

Precedent

Previous filings from INHD reporting the same item, with the next session's move:

2024-12-17Inno Holdings Inc. Completes Partial Issuance of Shares in Private Placement-9.1%

2024-12-13Inno Holdings Inc. Announces Private Placement Offering+1.4%

2024-11-19Inno Holdings Inc. Enters into Securities Purchase Agreement+5.3%

2024-11-01Inno Holdings Inc. Announces Securities Purchase Agreement and Regains Nasdaq Compliance+1.5%

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.

Exchange NASDAQ Industry Steel Company website ↗

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