Inno Holdings Inc SEC Filings

INNO Holdings Inc. reports results for the quarter ended December 31, 2025, showing a sharp shift into recycled consumer electronics trading through its Hong Kong subsidiaries. Revenue rose to $1.46 million from $0.20 million, while cost of goods sold increased to $1.38 million, leaving a modest gross profit.

Selling, general and administrative expenses grew to $0.56 million, producing an operating loss of $0.49 million. After $0.46 million of other income, mainly from a $0.37 million fair value change on a terminated standby equity purchase agreement and interest income, net loss narrowed to $28,618 from $605,409 a year earlier.

Cash and cash equivalents climbed to $37.1 million from $10.1 million at September 30, 2025, driven by at-the-market and private share offerings that issued millions of new shares. Despite the stronger cash position, management cites recurring losses, significant operating cash outflows and an accumulated deficit of $14.8 million as factors that raise substantial doubt about the company’s ability to continue as a going concern.

Inno Holdings Inc. entered into a securities purchase agreement with four investors for a registered direct offering of 1,332,000 shares of common stock at $0.55 per share. The transaction was conducted under an effective Form S-3 shelf registration and related prospectus supplement.

The offering closed on January 21, 2026, generating $732,600 in gross proceeds, which the company plans to use for general corporate purposes, including working capital. After issuing the new shares, Inno Holdings has 8,413,224 shares of common stock outstanding, up from 7,081,224 shares before the transaction.

INNO Holdings Inc. is conducting a primary offering of 1,332,000 shares of common stock at $0.55 per share under its shelf registration statement. The company expects to receive approximately $732,600 in net proceeds, which it plans to use for general corporate purposes, including working capital, daily operations and business expansions.

INNO recently shifted its core business to trading recycled consumer electronic devices, with recycled iPhones generating 100% of revenue for the year ended September 30, 2025. The company completed a 1‑for‑24 reverse stock split in December 2025 and reported 7,081,224 shares outstanding on a post‑split basis as of January 6, 2026, which would increase to 8,413,224 shares after this offering. Auditors have raised substantial doubt about INNO’s ability to continue as a going concern, and management anticipates needing additional capital beyond this raise to support operations and growth.

Inno Holdings Inc. closed a private investment in public equity (PIPE) transaction, issuing 3,000,000 shares of common stock at $1.31 per share for total gross proceeds of $3,930,000 to ten non-U.S. investors. This transaction provides new capital to the company through the sale of newly issued common shares. As of the date of the report, Inno Holdings had 7,081,224 shares of common stock issued and outstanding.

Inno Holdings Inc. reported that it has announced a 1-for-24 reverse stock split of its common stock as part of a strategic initiative to comply with Nasdaq listing requirements. The company disclosed this action in a press release dated December 18, 2025, which is included as an exhibit to the report. The reverse split is intended to adjust the company’s share structure to support continued trading on The Nasdaq Stock Market.

INNO Holdings Inc. reported that its Chief Financial Officer and director, Mengshu Shao, acquired company stock as part of equity compensation. On 01/16/2025, Shao received 51,355 shares of common stock at a price of $5.17 per share, according to a Form 4 filing. These shares were issued under the company’s 2023 Omnibus Incentive Plan as compensation for services provided to the company, and the filing shows 51,355 shares beneficially owned directly following the transaction.

INNO Holdings Inc. reported that its Chief Executive Officer and director, Ding Wei, acquired company stock through an equity compensation award. On 01/16/2025, he received 150,000 shares of INNO Holdings common stock at a price of $5.17 per share. These shares were issued under the company’s 2023 Omnibus Incentive Plan as compensation for services provided to the company.

Following this award, Ding Wei beneficially owns 150,000 shares of INNO Holdings common stock, held directly. This filing records an equity-based compensation grant rather than an open-market purchase or sale.

INNO HOLDINGS INC. reports results for the year ended September 30, 2025, its first full year focused on recycled consumer electronic devices after exiting its cold‑formed‑steel subsidiaries. Revenue reached $2,846,250, entirely from trading like‑new iPhones through Hong Kong units Lear Group Limited and Baymax High Technology Co., Limited, while cost of goods sold was $2,790,500.

Selling, general and administrative expenses rose to $4,414,709, contributing to an operating loss of $4,362,473 and a net loss of $7,009,846, more than double the prior year. The independent auditor highlights substantial doubt about the company’s ability to continue as a going concern, citing an accumulated deficit of $14,818,007 and negative operating cash flow of $4,728,738, though year‑end cash was $10,130,942 after multiple equity financings.

The wholesale business is highly concentrated, with two customers generating 77% of 2025 revenue and two suppliers providing all purchases. INNO outlines plans to broaden its product range, build a B2B marketplace and pursue acquisitions, while acknowledging early‑stage cybersecurity practices, ongoing financing needs, potential dilution and risks around maintaining its Nasdaq listing. As of December 15, 2025, there were 97,948,480 shares of common stock outstanding.

Inno Holdings Inc. (INHD) filed a Form 8-K to report a Regulation FD disclosure about a new technology partnership. On November 24, 2025, the company issued a press release titled “Inno Holdings Inc. Announces Strategic Cooperation with Megabyte Solutions on Web3 Technology Application in B2B Marketplace Platform.”

The filing indicates that this cooperation focuses on applying Web3 technology to the company’s B2B marketplace platform. The press release is furnished as Exhibit 99.1 and, as stated, is not deemed filed for liability purposes under the Exchange Act and is not incorporated by reference into Securities Act filings.