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Inno Holdings, Inc. ( (INHD) ) has shared an announcement.
On September 10, 2025, Inno Holdings Inc. entered into a securities purchase agreement with institutional investors, offering 1,200,000 shares of common stock and pre-funded warrants for 800,000 shares, raising approximately $7.2 million. The offering closed on September 11, 2025, and the company plans to use the net proceeds of $6.7 million for general corporate purposes, including working capital, potentially impacting its operational capabilities and market positioning.
More about Inno Holdings, Inc.
Inno Holdings Inc. is a trade-focused building technology company dedicated to revolutionizing the construction industry with proprietary cold-formed steel framing, AI-driven design, and automation. The company is also expanding into electronic product trading and growing its sales and distribution network, aiming to enhance commercial value for business partners and shareholders.
Average Trading Volume: 5,936,566
Technical Sentiment Signal: Buy
Current Market Cap: $53.76M
Learn more about INHD stock on TipRanks’ Stock Analysis page.