Inno holdings inc. announces 1-for-10 reverse stock split

Brookshire, tx / accesswire / october 8, 2024 / inno holdings inc. ("inno" or the "company") (nasdaq capital market:inhd), an innovative building-technology company with a mission to transform the construction industry with our proprietary cold-formed steel-framing technology and other building innovations, today announced that the company's board of directors (the "board") approved a reverse stock split (the "reverse stock split") of inno's common stock, no par value (the "common stock"), at a ratio of 1-for-10 (the "reverse stock split ratio"). the reverse stock split is expected to become effective immediately after the close of trading on the nasdaq capital market (the "nasdaq") on october 9, 2024 (the "effective time"), and inno's common stock is expected to begin trading on the nasdaq on a split-adjusted basis at the opening of trading on october 10, 2024, under the existing ticker symbol "inhd".
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