Inno Holdings enters three SPAs totaling $7M; CEO and Chairman to resign, reverse stock split 1:10

INNO HOLDINGS INC.

SPA I: Zfounder sells 100,000 shares for $300k; condition includes 1:10 reverse stock split and filing of split 8-K.
SPA II: Zfounder sells 742,578 shares for $2.7M; requires resignation of Chairman, another director, and current CEO.
SPA III: Zfounder, West Lake Club, Next Level sell 842,578 shares for $4M; closing six months after SPA II.
New CEO and two directors to be appointed by SPA II and III investors; current CEO Tianwei Li to depart.
Total private placement consideration of $7M; closings staggered based on conditions.

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