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Inno Holdings (NASDAQ: INHD) invests $3M in AI-powered used phone agent

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Inno Holdings Inc. entered into a $3.0 million Development Services Agreement with a Hong Kong AI service provider to build an AI-powered used mobile phone sales and customer acquisition agent system. The fee is payable in five milestone-based installments tied to completion and acceptance of development phases.

The Company will exclusively own all intellectual property created under the project, and the Agreement includes confidentiality and termination provisions, with a service term running through May 31, 2027. A related press release describing the Sales AI Agent Project and its intended benefits for the Company’s used mobile phone trading business was furnished as an exhibit.

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Insights

Inno commits $3M to AI automation for its used phone business.

Inno Holdings is contracting a Hong Kong AI provider to develop an AI-powered used mobile phone sales agent system, with a total contract value of $3.0 million payable in milestone-based installments through May 31, 2027. The work covers architecture, sales conversion, customer acquisition, recommendation engines, and analytics.

The Agreement grants the Company exclusive ownership of software and related intellectual property, while imposing confidentiality and use restrictions on the Service Provider. This structure concentrates control of any successful technology with Inno but also means the Company bears the full development cost and execution risk.

The press release states the project is at an early development stage and not yet deployed in commercial operations, and it highlights typical forward-looking risks: timing, scope, and ultimate impact depend on continued development, testing, and evaluation. Subsequent company filings may clarify progress and whether the AI system moves into live production.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Contract value $3.0 million Aggregate value of Development Services Agreement
Milestone installments 5 installments Payments tied to completion and acceptance of phases
Agreement date June 8, 2026 Date Development Services Agreement was executed
Service term end May 31, 2027 Agreement remains in effect through this date unless terminated
Project value USD 3,000,000 Total contracted service value of Sales AI Agent Project
Termination notice 10 days Company’s unilateral termination notice period
Development Services Agreement financial
"entered into a Development Services Agreement (the “Agreement”) with a Hong Kong based AI service provider"
Regulation FD Disclosure regulatory
"Item 7.01. Regulation FD Disclosure. On June 8, 2026, the Company issued a press release"
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
forward-looking statements regulatory
"The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
emerging growth company regulatory
"Emerging growth company Item 1.01 Entry into a Material Definitive Agreement."
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
material definitive agreement regulatory
"Item 1.01 Entry into a Material Definitive Agreement."
A material definitive agreement is a legally binding contract that creates major, long‑term obligations or rights for a company, such as loans, asset sales, mergers, or supplier deals. Think of it like a mortgage or lease for a business: it can change future cash flow, risk and control, so investors watch these agreements closely because they can materially affect a company’s value, financial health and stock price.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): June 8, 2026

 

INNO HOLDINGS INC.

 

(Exact name of registrant as specified in its charter)

 

Texas   001-41882   87-4294543

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

Room 805S, 8/F, Block 1, 33 Canton Road,

Tsim Sha Tsui, Kowloon, Hong kong

  999077
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: +852-54795450

 

RM1, 5/F, No. 43 Hung To Road

Kwun Tong, Kowloon, Hong Kong

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, no par value   INHD   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 
 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On June 8, 2026, Inno Holdings Inc., a Texas holding corporation (the “Company”), entered into a Development Services Agreement (the “Agreement”) with a Hong Kong based AI service provider (the “Service Provider”) that will develop an AI-powered used mobile phone sales and customer acquisition AI agent system on behalf of the Company.

 

The aggregate contract value under the Agreement is $3.0 million, payable by the Company to the Service Provider in five milestone-based installments tied to the service completion and acceptance of specified development phases. The Agreement provides that all intellectual property rights in the software, source code, documentation and other work product developed under the project will be exclusively owned by the Company, and restricts the Service Provider from using or disclosing such work product without the Company’s consent. The Agreement also contains customary confidentiality provisions. The service term under the Agreement remains in effect through May 31, 2027, unless earlier terminated, and may be unilaterally terminated by the Company upon ten (10) days’ prior written notice or by either party upon the occurrence of certain specified events.

 

A copy of the Agreement is attached hereto as Exhibit 10.1.

 

Item 7.01. Regulation FD Disclosure.

 

On June 8, 2026, the Company issued a press release (the “Press Release”) entitled “Inno Holdings Inc. Enters into Development Services Agreement to Build AI-Powered Used Mobile Phone Sales Agent”, announcing the execution of the Agreement. A copy of the Press Release is attached hereto as Exhibit 99.1.

 

The information contained in Item 7.01 of this current report on Form 8-K (this “Current Report”) and the information in the Press Release attached in Exhibit 99.1 hereto are being furnished and shall not be deemed to be filed for purposes of Section 18 of the Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise be subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing of the Company under the Securities Act of 1933, as amended (the “Securities Act”) or the Exchange Act.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
10.1*   Development Services Agreement, dated June 8, 2026
99.1   Press release, dated June 8, 2026
104   Cover Page Interactive Data File (embedded with the Inline XBRL document)

 

* The Company has redacted provisions or terms of this exhibit pursuant to Item 601(b)(10)(iv) of Regulation S-K. While portions of the exhibit have been redacted, this exhibit includes a prominent statement on the first page of the exhibit that certain identified information has been excluded from the exhibit because it is both not material and is the type that the Registrant treats as private or confidential. The Company agrees to furnish an unredacted copy of the exhibit to the SEC upon its request.

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

INNO HOLDINGS Inc.  
     
By: /s/ Ding Wei  
Name: Ding Wei  
Title: Chief Executive Officer  

 

Date: June 10, 2026

 

 

 

 

Exhibit 99.1

 

Inno Holdings Inc. Enters into Development Services Agreement

to Build AI-Powered Used Mobile Phone Sales Agent

 

Hong Kong, China, June 8, 2026 (GLOBE NEWSWIRE) — INNO HOLDINGS INC. (NASDAQ: INHD) (“INNO” or the “Company”) today announced the execution of a Development Services Agreement (the “Agreement”) with a Hong Kong based AI service provider (the “Service Provider”). Under the Agreement, the Service Provider will develop an AI-powered used mobile phone sales agent system (the “Sales AI Agent Project”) on behalf of the Company, with a total contracted service value of USD 3,000,000.

 

Pursuant to the Agreement, the Service Provider will deliver end-to-end technical development services including, but not limited to, the architecture design and implementation of an intelligent sales conversion system, an automated customer acquisition module, AI-driven product recommendation engines, and integrated data analytics capabilities. The Sales AI Agent Project is designed to automate and optimize core sales workflows within the Company’s used mobile phone trading business, enhancing lead generation efficiency and improving customer conversion rates at scale.

 

“The used mobile phone market is at a pivotal turning point where AI-driven automation can create decisive competitive advantages,” said CEO Mr. Ding Wei. “By partnering with specialized technology developers, we are accelerating our ability to deploy intelligent sales agents that engage customers proactively, increase inventory pricing accuracy, and close transactions faster. We believe this Agreement represents a meaningful step toward digitizing and scaling our operations in this high-growth segment.”

 

The Sales AI Agent Project is currently in its early development stage and has not yet been deployed in the Company’s commercial operations. The Agreement reflects the Company’s decision to invest in the development of the Sales AI Agent. However, the timing, scope, and ultimate impact of the project remain subject to continued development, testing, and evaluation. There can be no assurance as to the timeline or successful implementation of the AI Agent system, and actual results may differ materially from the Company’s current expectations.

 

About Inno Holdings Inc.

 

INNO is a trade-focused electronic products trading company and a holding company incorporated in the State of Texas. The Company has operations primarily in Hong Kong and is continuing to grow its sales and distribution network in the electronic products trading industry. The Company endeavors to create greater commercial value for its business partners and therefore enhance its own enterprise value and shareholders’ value of their stake in the Company. The Company has a professional brand and marketing management system, which can quickly help partnering enterprises achieve the connection, management, and operation of marketing channels domestically and globally.

 

Forward-Looking Statements

 

The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue,” “hope,” “design,” “aim” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

 

For more information, please contact:

 

contact@innoholdings.com

 

 

 

FAQ

What agreement did Inno Holdings Inc. (INHD) announce on June 8, 2026?

Inno Holdings announced a Development Services Agreement with a Hong Kong AI service provider. The provider will build an AI-powered used mobile phone sales agent system to automate sales workflows and customer acquisition within the Company’s electronic products trading business.

What is the total contract value of Inno Holdings Inc.’s new AI project?

The Sales AI Agent Project has a total contracted service value of USD 3,000,000. This amount will be paid in five milestone-based installments as specific development phases are completed and accepted under the Development Services Agreement.

Who will own the intellectual property from Inno Holdings Inc.’s AI sales agent project?

Inno Holdings will exclusively own all intellectual property created under the project. This includes the software, source code, documentation, and other work product, while restricting the Service Provider from using or disclosing these materials without the Company’s consent.

How long does the Development Services Agreement for INHD’s AI project remain in effect?

The Agreement’s service term runs through May 31, 2027, unless terminated earlier. Inno Holdings may unilaterally terminate on ten days’ prior written notice, and either party may terminate upon certain specified events outlined in the contract.

What are the goals of Inno Holdings Inc.’s AI-powered used mobile phone sales agent?

The Sales AI Agent Project is designed to automate and optimize sales workflows in Inno’s used mobile phone trading business. It targets better lead generation efficiency, improved customer conversion rates, more accurate inventory pricing, and faster transaction closing at scale.

What risks did Inno Holdings Inc. highlight regarding the AI Sales Agent Project?

Inno noted that the project is in an early development stage and not yet deployed commercially. The timing, scope, and impact depend on ongoing development and testing, and there is no assurance regarding the implementation timeline or ultimate success of the AI system.

Filing Exhibits & Attachments

5 documents