other material
confidence high
sentiment neutral
materiality 0.60
Inno Holdings files 1-for-10 reverse stock split effective Oct 9, 2024
INNO HOLDINGS INC.
- Reverse stock split at 1-for-10 ratio; effective October 9, 2024 at 3:31pm CT.
- Split-adjusted trading on Nasdaq begins October 10, 2024; ticker remains INHD, new CUSIP 4576JP208.
- No change in authorized shares or par value; fractional shares rounded up to nearest whole share.
- Filing suggests split aims to help regain compliance with Nasdaq continued listing standards.
- Stockholders with electronic or book-entry shares need no action; rounding may slightly increase holdings.