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Inno Holdings Inc. Closes $10M Initial Public Offering

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Insight

Inno Holdings Inc. Closes $10M Initial Public Offering

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December 18, 2023

Winston & Strawn represented Inno Holdings Inc. (Nasdaq: INHD), a Texas-based innovative building-technology company, in the closing of its previously announced initial public offering of 2,500,000 shares of common stock priced at $4.00 per share, for total gross proceeds of $10,000,000, before deducting underwriting discounts and other offering expenses. The Offering closed on December 18, 2023. The shares of common stock began trading on the Nasdaq Capital Market stock exchange on December 14, 2023, under the ticker symbol “INHD.”

The Company has granted the underwriters an option, within 45 days from the date of the final prospectus, to purchase up to an additional 375,000 shares of common stock at the public offering price, less underwriting discounts, to cover over-allotment, if any.

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