other material
confidence high
sentiment neutral
materiality 0.50
Inno Holdings announces 1-for-24 reverse stock split effective Dec 22 to maintain Nasdaq compliance
INNO HOLDINGS INC.
- Reverse split ratio 1-for-24, effective December 22, 2025 at 12:01 a.m. ET.
- Shares reduce from ~97,948,480 to ~4,081,187; no fractional shares (rounded up).
- Split approved by stockholders on Aug 11, 2025; Board ratified Dec 18, 2025.
- Aims to meet Nasdaq continued listing requirements and strengthen capital structure.
- Trading symbol remains "INHD"; new CUSIP 4576JP307.