Inno Holdings Enters Up To $50M At-The-Market Common Stock Agreement

Inno Holdings Inc. (NASDAQ: INHD) (the "Company"), a trade-focused building technology and electronic products trading company, today announced that it has entered into an At-the-Market ("ATM") equity offering sales agreement (the "Agreement") under which the Company may, from time to time, offer and sell shares of its Common Stock (the "Shares") having an aggregate value of up to $50 million, through its sales agent, Aegis Capital Corp. (the "Agent".)

Sales of Shares, if any, will be made at or related to then-prevailing market prices and, as a result, prices may vary. The volume and timing of sales under the ATM program will be determined at the Company's discretion. The Company expects to use any proceeds from the ATM program for general working capital and corporate purposes.