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Inno Holdings, Inc. ( (INHD) ) has issued an announcement.
In a series of strategic financial moves on September 6, 2024, Inno Holdings Inc. engaged in three separate securities purchase agreements with various investors and organizations, selling over 1.6 million shares of its common stock for a combined total of over $7 million. The deals are subject to conditions including a reverse stock split and leadership changes within the company, with closing dates staggered over a period extending up to six months from the initial agreement. These agreements are part of Inno Holdings Inc.’s efforts to restructure and attract new investment, reflecting a significant corporate shift.
See more data about INHD stock on TipRanks’ Stock Analysis page.