Inno Holdings Inc. Announces 1-for-24 Reverse Stock Split as Part of Strategic Nasdaq Compliance Initiative

Core Viewpoint - INNO HOLDINGS INC. has announced a 1-for-24 reverse stock split to comply with Nasdaq listing requirements and strengthen its capital structure [1][4]. Group 1: Reverse Stock Split Details - The reverse stock split will reduce the number of issued and outstanding shares from approximately 97,948,480 to about 4,081,187 shares [3]. - The reverse stock split will take effect on December 22, 2025, at 12:01 a.m. Eastern Time, and the common stock will continue to trade under the symbol "INHD" on a split-adjusted basis [2][3]. - Fractional shares will not be issued; instead, any fractional entitlements will be rounded up to the next highest whole number [3]. Group 2: Company Overview - INNO HOLDINGS INC. is a trade-focused electronic products trading company incorporated in Texas, with operations primarily in Hong Kong [5]. - The company aims to enhance its enterprise value and shareholder value by creating greater commercial value for its business partners [5]. - INNO has a professional brand and marketing management system to facilitate the connection and operation of marketing channels globally [5].