INHD · Inno Holdings Inc.

Inno Holdings Inc. implemented a 1-for-20 reverse stock split of its common stock, effective May 4, 2026 at 09:30 a.m. Eastern Time. The action was taken to support the Company's ongoing compliance with Nasdaq's continued listing requirements, specifically the minimum bid price requirement. The reverse split was authorized by stockholders at the annual meeting on March 2, 2026, and approved by the Board of Directors.

As a result of the split, every 20 shares of issued and outstanding common stock were reclassified and combined into one share. This reduced the total outstanding shares from 50,413,224 to 2,520,662. The number of authorized shares remains unchanged at 1 billion shares with no par value. The Company's common stock continues to trade on The Nasdaq Capital Market under the symbol 'INHD' on a split-adjusted basis. A new CUSIP number, 4576JP406, was assigned to the common stock. No fractional shares were issued in connection with the reverse split; instead, fractional entitlements were rounded up to the next highest whole number at the participant level.