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The latest update is out from Inno Holdings, Inc. ( (INHD) ).
On April 29, 2026, Inno Holdings Inc. announced that its board had approved a 1-for-20 reverse stock split of its common stock, following authorization from shareholders at the March 2, 2026 annual meeting. The move aims to support ongoing compliance with Nasdaq listing rules while keeping the par value and total authorized share count unchanged.
The reverse split, effective May 4, 2026 at 9:30 a.m. Eastern Time, will reclassify every 20 issued and outstanding shares into one share, cutting the float from 50,413,224 to 2,520,662 shares. Inno’s stock will continue trading on Nasdaq under the ticker INHD on a split-adjusted basis, with fractional share entitlements rounded up to whole shares at the participant level.
More about Inno Holdings, Inc.
Inno Holdings Inc. is a Texas-incorporated holding company that operates as a trade-focused electronic products trading business, primarily through its subsidiaries in Hong Kong. The company is expanding its sales and distribution network in the electronic products trading industry, emphasizing brand and marketing management to create value for partners and shareholders.
Average Trading Volume: 18,490,819
Technical Sentiment Signal: Sell
Current Market Cap: $647.8K
See more data about INHD stock on TipRanks’ Stock Analysis page.