INNO HOLDINGS INC.

INNO HOLDINGS INC. announced that the temporary restraining order (TRO) previously issued against the company on June 25, 2026, is no longer in effect. This development follows a Memorandum and Recommendation issued by a Magistrate Judge of the U.S. District Court for the Southern District of Texas on July 10, 2026, which stated that "at this time there is no TRO in place."

INNO HOLDINGS INC.'s common stock was halted from trading by Nasdaq on June 8, 2026, under Code T12, with the company actively responding to information requests. Additionally, on June 25, 2026, a U.S. District Court issued a temporary restraining order against the company based on a plaintiff's complaint. The company denies the allegations and is vigorously defending itself.

Inno Holdings Inc. announced that The Nasdaq Stock Market LLC imposed a Trading Halt (Code T12) on its common stock on June 8, 2026, citing unusual trading activities. In response, the company's board of directors has formed a special committee, comprised solely of independent directors, to conduct an independent review and investigation into these circumstances. As of the filing date, Inno Holdings stated it is not aware of any material, undisclosed corporate developments that would account for the observed unusual trading activities.

Inno Holdings Inc. announced it has entered into a Development Services Agreement with a Hong Kong-based AI service provider to build an AI-powered used mobile phone sales and customer acquisition AI agent system. The total contract value is $3.0 million, to be paid in five milestone-based installments. Inno Holdings will retain exclusive ownership of all intellectual property rights developed under the agreement, which is set to run through May 31, 2027. While the company's CEO expressed optimism about the project's potential to enhance sales and customer acquisition, the company also noted that the project is in its early stages and there is no guarantee of successful implementation.

INNO Holdings Inc. announced a Development Services Agreement with a Hong Kong-based AI service provider to develop an AI-powered used mobile phone sales agent system, with a total contracted service value of $3,000,000. The system is designed to automate and optimize core sales workflows, enhancing lead generation and improving customer conversion rates. CEO Mr. Ding Wei emphasized the competitive advantages of AI-driven automation in the used mobile phone market. The project is in its early development stage, and its timing, scope, and ultimate impact remain subject to continued development, testing, and evaluation.

INNO HOLDINGS INC. announced a new "at the market" (ATM) equity offering program, allowing the company to sell up to $60.0 million in common stock through Aegis Capital Corp. The new program replaces a previous $50.0 million ATM agreement that has been terminated. Proceeds from the offering are intended for general working capital and corporate purposes, with the company paying a 3.0% commission on sales.

Inno Holdings Inc. announced a new At-the-Market (ATM) equity offering sales agreement, allowing the company to sell up to $60.0 million in common stock through Aegis Capital Corp. This new program replaces a previously terminated $50.0 million ATM agreement from November 2025. Proceeds from the offering are intended for general working capital and corporate purposes, providing the company with financial flexibility.

Inno Holdings Inc. announced a 1-for-20 reverse stock split, effective May 4, 2026, to support its ongoing compliance with Nasdaq's minimum bid price requirement. The split reduced the number of issued and outstanding common shares from 50,413,224 to 2,520,662, with fractional shares rounded up. The company's common stock will continue to trade on Nasdaq under the symbol "INHD" on a split-adjusted basis.

INNO HOLDINGS INC. announced that its Board of Directors has approved a 1-for-20 reverse stock split of its common stock, effective May 4, 2026. This action, authorized by stockholders on March 2, 2026, aims to help the company maintain compliance with Nasdaq's minimum bid price requirement. The split will reduce the number of issued and outstanding shares from 50,413,224 to 2,520,662, with fractional shares rounded up.

INNO Holdings Inc. announced changes to its Board of Directors. Mr. Tao Tu resigned as a director and from the Audit and Compensation Committees, effective April 16, 2026. The company subsequently appointed Mr. Shenghui Zhu as a new independent director, who will also join the Audit and Compensation Committees, effective April 20, 2026. Mr. Zhu brings over a decade of experience in the electronic products industry to the board.