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Inno Holdings Inc. Announces $50 Million “At-the-Market” Equity Offering Program
Globenewswire· 2025-11-13 21:15
Core Viewpoint - Inno Holdings Inc. has announced an At-the-Market equity offering sales agreement to sell shares of its Common Stock valued up to $50 million, with proceeds intended for general working capital and corporate purposes [1][3]. Group 1: Offering Details - The Company may sell shares through its sales agent, Aegis Capital Corp., at prevailing market prices, with the timing and volume of sales determined at the Company's discretion [1][2]. - The offering will be conducted under the existing effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) [3]. Group 2: Company Overview - Inno Holdings Inc. focuses on building technology and electronic products trading, aiming to revolutionize the construction industry with proprietary cold-formed steel framing, AI-driven design, and automation [7]. - The Company is expanding its sales and distribution network to create greater commercial value for its business partners and enhance its own enterprise value [7].
智算中心“降温器”将非IT设备能耗降低近50%
Core Insights - The explosive growth of artificial intelligence is significantly increasing the workload on data centers, leading to a projected doubling of electricity consumption by 2030 according to the International Energy Agency (IEA) [1] - Non-IT equipment, such as cooling systems, accounts for over 30% of energy consumption in large data centers, indicating that integrating sustainable practices in design and operation can substantially reduce operational costs and free up resources for business expansion and technological innovation [1] Company Highlights - Johnson Controls, a global company focused on smart, safe, healthy, and sustainable building solutions, has participated in the China International Import Expo for eight consecutive years [1] - At this year's expo, Johnson Controls showcased the Silent-Aire CDU cooling liquid distribution unit, aimed at enhancing cooling capabilities in data centers and reducing non-IT energy consumption [1] - The product leverages Johnson Controls' existing product matrix from Silent-Aire, York, and M&M Carnot thermal management products, providing solutions for data centers worldwide [1] Industry Trends - Johnson Controls' comprehensive thermal management solutions can reduce non-IT equipment energy consumption by nearly 50%, even in the hottest data center hubs in the Asia-Pacific region [1]
Johnson Controls Announces Fourth Quarter 2025 Earnings Conference Call Webcast
Prnewswire· 2025-10-08 12:45
Core Insights - Johnson Controls International plc is set to hold its Fourth Quarter Fiscal 2025 Earnings Conference Call on November 5, 2025, at 8:30 a.m. ET [1] - The company is recognized as a global leader in smart, healthy, and sustainable buildings, focusing on transforming environments for various sectors including healthcare, education, and manufacturing [1] - Johnson Controls has a legacy of 140 years in innovation and offers a comprehensive digital solution called OpenBlue, which enhances building performance [1] Company Overview - Johnson Controls operates with a mission to reimagine building performance to benefit people, places, and the planet [1] - The company boasts the largest portfolio of building technology and software, along with service solutions from trusted industry names [1] Conference Call Details - The conference call can be accessed via webcast and telephone, with a replay available for those unable to attend live [2] - A slide presentation will be available for download on the morning of the call [2] - Specific dial-in numbers and passcodes for both live participation and replay are provided for convenience [2]
Inno Holdings Inc. Announces Closing of $7.2 Million Registered Direct Offering
Globenewswire· 2025-09-11 18:35
Core Viewpoint - Inno Holdings Inc. has successfully closed a registered direct offering, raising approximately $7.2 million through the sale of common stock and pre-funded warrants, with the transaction aimed at supporting general corporate purposes and working capital [1][3]. Group 1: Offering Details - The offering included the sale of 1,200,000 shares of common stock at a price of $3.60 per share and pre-funded warrants to purchase 800,000 shares, with the pre-funded warrants priced at $3.59999 each [2]. - Upon closing, 285,000 pre-funded warrants were exercised, resulting in the issuance of 285,000 shares of common stock [2]. Group 2: Financial Proceeds and Use - The company received aggregate gross proceeds of approximately $7.2 million from the offering, which closed on September 11, 2025 [3]. - The net proceeds from the offering are expected to be utilized for general corporate purposes, including working capital [3]. Group 3: Company Overview - Inno Holdings Inc. is focused on building technology and electronic products trading, aiming to revolutionize the construction industry with proprietary cold-formed steel framing, AI-driven design, and automation [6]. - The company is expanding its sales and distribution network in electronic product trading, seeking to enhance commercial value for business partners and increase enterprise value for shareholders [6].
Inno Holdings Inc. Announces $7.2 Million Registered Direct Offering
Globenewswire· 2025-09-10 13:00
Core Viewpoint - Inno Holdings Inc. has announced a registered direct offering with institutional investors, raising approximately $7.2 million through the sale of common stock and pre-funded warrants at a price of $3.60 per share [1][3]. Group 1: Offering Details - The offering includes the sale of 1,200,000 shares of common stock and pre-funded warrants to purchase 800,000 shares of common stock [2]. - The pre-funded warrants are immediately exercisable and can be exercised at any time until fully exercised, with a minimal exercise price of $0.00001 [2]. - The total gross proceeds from the offering are expected to be around $7.2 million, with the transaction anticipated to close on or about September 11, 2025, pending customary closing conditions [3]. Group 2: Use of Proceeds - The company plans to utilize the net proceeds from the offering, along with existing cash, for general corporate purposes and working capital [3]. Group 3: Company Overview - Inno Holdings Inc. is focused on building technology and electronic products trading, aiming to innovate the construction industry through proprietary cold-formed steel framing, AI-driven design, and automation [7]. - The company is expanding its sales and distribution network in electronic product trading, seeking to enhance commercial value for business partners and increase its own enterprise value [7].
Johnson Controls increases quarterly dividend
Prnewswire· 2025-09-10 12:45
Core Points - Johnson Controls International plc has approved a quarterly dividend of $0.40 per share, marking a $0.03 increase from the previous dividend [1] - The dividend will be payable on October 17, 2025, to shareholders of record as of September 22, 2025 [1] - Johnson Controls has a long history of consecutive dividend payments since 1887 [1] Company Overview - Johnson Controls is a global leader in smart, healthy, and sustainable buildings, focusing on transforming environments for living, working, learning, and playing [2] - The company has nearly 140 years of innovation and offers a comprehensive digital offering called OpenBlue, which serves various industries including healthcare, schools, and data centers [3] - Johnson Controls provides the largest portfolio of building technology and software solutions, backed by a global team of experts [3]
Johnson Controls Completes Sale of Residential and Light Commercial HVAC Business
Prnewswire· 2025-08-01 10:00
Core Viewpoint - Johnson Controls International plc has completed the sale of its Residential and Light Commercial HVAC business to the Bosch Group for a total transaction value of $8.1 billion, marking a significant step in the company's transformation into a pure-play provider of innovative building solutions [1][2]. Company Overview - Johnson Controls is recognized as a global leader in smart, safe, healthy, and sustainable buildings, focusing on reimagining building performance to benefit people, places, and the planet [9][10]. - The company has a history of 140 years of innovation and offers the largest portfolio of building technology and software, along with service solutions [10]. Transaction Details - The sale includes the North America ducted business and a global residential joint venture with Hitachi, Ltd., while Hitachi retains certain ductless HVAC assets located in Shimizu, Japan [3]. - Johnson Controls' portion of the transaction consideration is approximately $6.7 billion, with net cash proceeds expected to be around $5.0 billion after tax and transaction-related expenses [2]. Future Plans - Following the transaction, Johnson Controls plans to return a portion of the net proceeds to shareholders through a $5.0 billion accelerated share repurchase program, in line with its capital allocation policy [4]. - The company has an overall share repurchase authorization availability of $9.8 billion [4]. Leadership Perspective - CEO Joakim Weidemanis emphasized the transaction as a milestone that positions Johnson Controls for faster growth and increased profitability as a technology-based and service-enabled company [2]. - He expressed gratitude to the Residential and Light Commercial HVAC team for their contributions and wished them success in their new roles at Bosch [2]. Advisory Information - Financial advisors for the transaction included Centerview Partners and Citi, with legal advice from Simpson Thacher and investor relations support from Joele Frank [5].
Johnson Controls Appoints Chris Scalia as Executive Vice President and Chief Human Resources Officer
Prnewswire· 2025-07-15 10:59
Group 1 - Johnson Controls has appointed Chris Scalia as executive vice president and chief human resources officer (CHRO) to enhance the company's growth strategy [1][2] - Scalia brings over 20 years of experience from The Hershey Company, where he held dual roles as CHRO and Chief Transformation Officer, leading significant transformations and portfolio evolution [2][4] - CEO Joakim Weidemanis emphasized Scalia's expertise in people and culture strategy, operational excellence, and team building as essential for transforming Johnson Controls into a customer-centric organization [3] Group 2 - Scalia's career includes extensive experience in labor relations and management employment law, with a strong focus on change management across various operational areas [4] - He holds an Executive Master's degree in Human Resources from Cornell University, a Juris Doctorate from Penn State, and a Bachelor of Arts from Juniata College, showcasing a solid educational background [4] - Johnson Controls aims to leverage Scalia's leadership to create a world-class employee experience and attract top talent, which is critical for the company's competitive edge [3]
Johnson Controls Announces Third Quarter 2025 Earnings Conference Call Webcast
Prnewswire· 2025-07-08 12:45
Core Insights - Johnson Controls International plc is a global leader in smart, healthy, and sustainable buildings, focusing on transforming environments for various sectors [1][2] - The company will hold its Third Quarter Fiscal 2025 Earnings Conference Call on July 29, 2025, at 8:30 a.m. ET, which will be accessible via webcast and telephone [1][3] Company Overview - Johnson Controls has a proud history of 140 years of innovation, delivering future blueprints for industries such as healthcare, schools, data centers, airports, stadiums, and manufacturing through its OpenBlue digital offering [2] - The company offers the world's largest portfolio of building technology and software, along with service solutions from trusted industry names [2]
Johnson Controls Announces $9 Billion Increase to Share Repurchase Program
Prnewswire· 2025-06-13 20:15
Core Viewpoint - Johnson Controls International plc has approved a $9 billion share repurchase authorization, which adds to the existing $1.1 billion remaining from a previous authorization [1][2]. Company Overview - Johnson Controls is a global leader in smart, healthy, and sustainable buildings, focusing on transforming environments for living, working, learning, and playing [3][4]. - The company has a history of nearly 140 years of innovation and offers a comprehensive digital offering called OpenBlue, which serves various industries including healthcare, schools, data centers, and manufacturing [4]. Share Repurchase Details - The share repurchase may be executed through various methods such as open market purchases, Rule 10b5-1 plans, tender offers, or accelerated share repurchase programs [2]. - There is no obligation to repurchase a specific amount of shares within a set timeframe, and the timing and amount will depend on market conditions and share price evaluations [2]. - The share repurchase authorization does not have a set expiration date and can be amended or terminated at the company's discretion [2].