INNO HOLDINGS INC. 8-K

What Happened
INNO HOLDINGS INC. (INHD) filed a Certificate of Amendment with the Texas Secretary of State (filed April 30, 2026) implementing a 1-for-20 reverse stock split of its common stock. The Reverse Stock Split became effective May 4, 2026 at 9:30 a.m. Eastern Time. The company disclosed the action in a Form 8-K and a related press release, saying the split was approved by the board under shareholder authorization granted at the March 2, 2026 annual meeting as part of ongoing Nasdaq compliance efforts.

Key Details

• Reverse split ratio: 1-for-20 (every 20 shares reclassified into 1 share).
• Effective date/time: May 4, 2026 at 09:30 a.m. ET (Certificate filed April 30, 2026).
• Share count change: Issued and outstanding shares reduced from 50,413,224 to 2,520,662.
• CUSIP: New CUSIP for common stock is 4576JP406.
• Fractional shares: No fractional shares issued; fractional entitlements were rounded up to the next whole share at the participant level.
• Disclosure: Press release dated April 29, 2026 was attached to the 8-K.

Why It Matters
The reverse split reduces the number of outstanding shares and increases the per-share price proportionally, a step companies commonly take to address exchange listing requirements—here identified by the company as part of Nasdaq compliance efforts. Shareholders’ holdings will be combined according to the 1-for-20 ratio (with rounding up of fractions), and the stock now carries a new CUSIP. Investors should note the effective date and updated share count when reviewing holdings, trading, or assessing post-split per-share metrics.