{"success":true,"data":{"pressRelease":{"id":"39993","rtpr_id":"nGNX2zt0Cn","ticker":"INHD","exchange":"NASDAQ","all_tickers":["INHD"],"title":"Inno Holdings Inc. Announces $60.0 Million “At-the-Market” Equity Offering Program","author":"Globe Newswire","published_at":"2026-05-19T21:30:00.115Z","article_body":"HONG KONG, May 19, 2026 (GLOBE NEWSWIRE) -- Inno Holdings Inc. (NASDAQ: INHD)\n(the “Company”), a holding company incorporated in the State of Texas and\na trade-focused electronic products trading company with operations primarily\nin Hong Kong through its Hong Kong subsidiaries, today announced that it has\nentered into an At-the-Market (“ATM”) equity offering sales agreement (the\n“Agreement”) dated May 15, 2026, under which the Company may, from time to\ntime, offer and sell shares of its Common Stock (the “Shares”) having an\naggregate value of up to $60.0 million, through its sales agent, Aegis Capital\nCorp. (the “Agent”). The Company’s ATM Sales Agreement for $50.0\nmillion, which was entered into in November 2025, has terminated.\n\nSales of Shares, if any, will be made at or related to then-prevailing market\nprices and, as a result, prices may vary. The volume and timing of sales under\nthe ATM program will be determined at the Company’s discretion. The Company\nexpects to use any proceeds from the ATM program for general working capital\nand corporate purposes.\n\nAegis Capital Corp. is serving as exclusive sales agent for the ATM program.\nMcCarter & English, LLP is acting as U.S. counsel to the Company. Kirton &\nMcConkie P.C. is acting as Texas special counsel to the Company. Kaufman &\nCanoles, P.C. is acting as U.S. counsel to Aegis Capital Corp.\n\nUnder the Agreement, the Agent may sell the Shares by methods deemed to be an\n“at-the-market” offering as defined in Rule 415 promulgated under the\nSecurities Act of 1933, as amended, including sales made directly on or\nthrough the Nasdaq Capital Market, the existing trading market for the Shares,\nsales made to or through a market maker other than on an exchange or\notherwise, in negotiated transactions at market prices prevailing at the time\nof sale or at prices related to such prevailing market prices, and/or any\nother method permitted by law, including in privately negotiated transactions.\n\nThe Shares will be offered under the Company’s existing effective shelf\nregistration statement on Form S-3 (No. 333-284054) filed with the Securities\nand Exchange Commission (“SEC”). A prospectus supplement related to the\noffering has been filed with the SEC. Any offer, solicitation or sale will be\nmade only by means of the prospectus supplement and the accompanying\nprospectus. Current and potential investors should read the prospectus in the\nregistration statement, and the prospectus supplement relating to the ATM\nprogram and other documents the Company has filed with the SEC for more\ncomplete information about the Company and the ATM program.\n\nA copy of the prospectus supplement and accompanying prospectus relating to\nthese securities may be obtained by contacting Aegis Capital Corp., Attention:\nSyndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY\n10105, by email at syndicate@aegiscap.com, or by telephone at +1 (212)\n813-1010.\n\nInterested parties should read in their entirety the prospectus supplement and\nthe accompanying prospectus and the other documents that the Company has filed\nwith the SEC that are incorporated by reference in such prospectus supplement\nand the accompanying prospectus, which provide more information about the\nCompany and such offering.  \n\nThis press release does not constitute an offer to sell or a solicitation of\nan offer to buy, nor may there be any sale of the Company’s shares of Common\nStock in any state or jurisdiction in which such an offer, solicitation or\nsale would be unlawful prior to registration or qualification under the\nsecurities law of any state or jurisdiction.\n\nAbout Inno Holdings Inc.\n\nINNO is a holding company incorporated in the State of Texas and a\ntrade-focused electronic products trading company with operations through its\nHong Kong operating subsidiaries. The Company has operations primarily in Hong\nKong and is continuing to grow its sales and distribution network in the\nelectronic products trading industry. The Company endeavors to create greater\ncommercial value for its business partners and therefore enhance its own\nenterprise value and shareholders’ value of their stake in the Company. The\nCompany has a professional brand and marketing management system, which can\nquickly help partnering enterprises achieve the connection, management, and\noperation of marketing channels domestically and globally.\n\nForward-Looking Statements\n\nThe foregoing material may contain “forward-looking statements” within the\nmeaning of Section 27A of the Securities Act of 1933 and Section 21E of the\nSecurities Exchange Act of 1934, each as amended. Forward-looking statements\ninclude all statements that do not relate solely to historical or current\nfacts, including without limitation statements regarding the Company’s\nproduct development and business prospects, and can be identified by the use\nof words such as “may,” “will,” “expect,” “project,”\n“estimate,” “anticipate,” “plan,” “believe,” “potential,”\n“should,” “continue” or the negative versions of those words or other\ncomparable words. Forward-looking statements are not guarantees of future\nactions or performance. These forward-looking statements are based on\ninformation currently available to the Company and its current plans or\nexpectations and are subject to a number of risks and uncertainties that could\nsignificantly affect current plans. Should one or more of these risks or\nuncertainties materialize, or the underlying assumptions prove incorrect,\nactual results may differ significantly from those anticipated, believed,\nestimated, expected, intended, or planned. Although the Company believes that\nthe expectations reflected in the forward-looking statements are reasonable,\nthe Company cannot guarantee future results, performance, or achievements.\nExcept as required by applicable law, including the security laws of the\nUnited States, the Company does not intend to update any of the\nforward-looking statements to conform these statements to actual results.\n\nFor more information, please contact:\n\ncontact@innoholdings.com \n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/9cf623c2-9954-4866-8232-5e19775006ad)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX2zt0Cn","title":"Inno Holdings Inc. Announces $60.0 Million “At-the-Market” Equity Offering Program","author":"Globe Newswire","ticker":"INHD","created":"2026-05-19T21:30:00.115Z","tickers":["INHD"],"exchange":"NASDAQ","article_body":"HONG KONG, May 19, 2026 (GLOBE NEWSWIRE) -- Inno Holdings Inc. (NASDAQ: INHD)\n(the “Company”), a holding company incorporated in the State of Texas and\na trade-focused electronic products trading company with operations primarily\nin Hong Kong through its Hong Kong subsidiaries, today announced that it has\nentered into an At-the-Market (“ATM”) equity offering sales agreement (the\n“Agreement”) dated May 15, 2026, under which the Company may, from time to\ntime, offer and sell shares of its Common Stock (the “Shares”) having an\naggregate value of up to $60.0 million, through its sales agent, Aegis Capital\nCorp. (the “Agent”). The Company’s ATM Sales Agreement for $50.0\nmillion, which was entered into in November 2025, has terminated.\n\nSales of Shares, if any, will be made at or related to then-prevailing market\nprices and, as a result, prices may vary. The volume and timing of sales under\nthe ATM program will be determined at the Company’s discretion. The Company\nexpects to use any proceeds from the ATM program for general working capital\nand corporate purposes.\n\nAegis Capital Corp. is serving as exclusive sales agent for the ATM program.\nMcCarter & English, LLP is acting as U.S. counsel to the Company. Kirton &\nMcConkie P.C. is acting as Texas special counsel to the Company. Kaufman &\nCanoles, P.C. is acting as U.S. counsel to Aegis Capital Corp.\n\nUnder the Agreement, the Agent may sell the Shares by methods deemed to be an\n“at-the-market” offering as defined in Rule 415 promulgated under the\nSecurities Act of 1933, as amended, including sales made directly on or\nthrough the Nasdaq Capital Market, the existing trading market for the Shares,\nsales made to or through a market maker other than on an exchange or\notherwise, in negotiated transactions at market prices prevailing at the time\nof sale or at prices related to such prevailing market prices, and/or any\nother method permitted by law, including in privately negotiated transactions.\n\nThe Shares will be offered under the Company’s existing effective shelf\nregistration statement on Form S-3 (No. 333-284054) filed with the Securities\nand Exchange Commission (“SEC”). A prospectus supplement related to the\noffering has been filed with the SEC. Any offer, solicitation or sale will be\nmade only by means of the prospectus supplement and the accompanying\nprospectus. Current and potential investors should read the prospectus in the\nregistration statement, and the prospectus supplement relating to the ATM\nprogram and other documents the Company has filed with the SEC for more\ncomplete information about the Company and the ATM program.\n\nA copy of the prospectus supplement and accompanying prospectus relating to\nthese securities may be obtained by contacting Aegis Capital Corp., Attention:\nSyndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY\n10105, by email at syndicate@aegiscap.com, or by telephone at +1 (212)\n813-1010.\n\nInterested parties should read in their entirety the prospectus supplement and\nthe accompanying prospectus and the other documents that the Company has filed\nwith the SEC that are incorporated by reference in such prospectus supplement\nand the accompanying prospectus, which provide more information about the\nCompany and such offering.  \n\nThis press release does not constitute an offer to sell or a solicitation of\nan offer to buy, nor may there be any sale of the Company’s shares of Common\nStock in any state or jurisdiction in which such an offer, solicitation or\nsale would be unlawful prior to registration or qualification under the\nsecurities law of any state or jurisdiction.\n\nAbout Inno Holdings Inc.\n\nINNO is a holding company incorporated in the State of Texas and a\ntrade-focused electronic products trading company with operations through its\nHong Kong operating subsidiaries. The Company has operations primarily in Hong\nKong and is continuing to grow its sales and distribution network in the\nelectronic products trading industry. The Company endeavors to create greater\ncommercial value for its business partners and therefore enhance its own\nenterprise value and shareholders’ value of their stake in the Company. The\nCompany has a professional brand and marketing management system, which can\nquickly help partnering enterprises achieve the connection, management, and\noperation of marketing channels domestically and globally.\n\nForward-Looking Statements\n\nThe foregoing material may contain “forward-looking statements” within the\nmeaning of Section 27A of the Securities Act of 1933 and Section 21E of the\nSecurities Exchange Act of 1934, each as amended. Forward-looking statements\ninclude all statements that do not relate solely to historical or current\nfacts, including without limitation statements regarding the Company’s\nproduct development and business prospects, and can be identified by the use\nof words such as “may,” “will,” “expect,” “project,”\n“estimate,” “anticipate,” “plan,” “believe,” “potential,”\n“should,” “continue” or the negative versions of those words or other\ncomparable words. Forward-looking statements are not guarantees of future\nactions or performance. These forward-looking statements are based on\ninformation currently available to the Company and its current plans or\nexpectations and are subject to a number of risks and uncertainties that could\nsignificantly affect current plans. Should one or more of these risks or\nuncertainties materialize, or the underlying assumptions prove incorrect,\nactual results may differ significantly from those anticipated, believed,\nestimated, expected, intended, or planned. Although the Company believes that\nthe expectations reflected in the forward-looking statements are reasonable,\nthe Company cannot guarantee future results, performance, or achievements.\nExcept as required by applicable law, including the security laws of the\nUnited States, the Company does not intend to update any of the\nforward-looking statements to conform these statements to actual results.\n\nFor more information, please contact:\n\ncontact@innoholdings.com \n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/9cf623c2-9954-4866-8232-5e19775006ad)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-19T21:30:00.161890271Z","server_sent_at_ms":1779226200161},"received_at":"2026-05-19T21:30:00.216Z","source_url":null},"analysis":{"id":"29433","press_release_id":"39993","analysis_json":{"industry":{"label":"Specialty Retail","sector":"Consumer Discretionary"},"redFlags":["ATM offering allows for ongoing, discretionary dilution","Use of proceeds is vague ('general working capital')","Replacement of a terminated ATM facility suggests prior liquidity constraints or failed execution"],"eventType":"offering","narrative":"Inno Holdings Inc. has entered into a new At-the-Market (ATM) equity offering agreement allowing it to sell up to $60 million of common stock.\n\nThe new facility replaces a previously terminated $50 million ATM agreement from November 2025, indicating a continued need for flexible capital access.\n\nProceeds will be used for general working capital and corporate purposes, with sales executed at prevailing market prices at the company's discretion through agent Aegis Capital Corp.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"INHD authorizes $60M ATM facility, signaling potential dilution and liquidity needs."},"keyFigures":{"dealValueUsd":60000000,"customDimensions":{"previous_atm_value":50000000}},"quotedText":"The Company expects to use any proceeds from the ATM program for general working capital and corporate purposes.","namedEntities":{"people":[],"products":[],"companies":[{"name":"Inno Holdings Inc.","ticker":"INHD","relationship":"filer"},{"name":"Aegis Capital Corp.","relationship":"sales agent"},{"name":"McCarter & English, LLP","relationship":"counsel"},{"name":"Kirton & McConkie P.C.","relationship":"counsel"},{"name":"Kaufman & Canoles, P.C.","relationship":"counsel"}],"dollarAmounts":[{"amount":"$60.0 million","context":"aggregate value of new ATM offering"},{"amount":"$50.0 million","context":"value of terminated previous ATM agreement"}]},"materialImpact":{"score":3,"reasoning":"Authorization of a $60M ATM facility signals potential ongoing dilution and a need for liquidity. While the timing and volume are at the company's discretion, the authorization itself is a negative signal for existing shareholders, especially given the 'general working capital' use of proceeds."},"tickerRelevance":{"others":[],"primary":"INHD"},"globalImportance":25,"audienceRelevance":15,"eventTypeSecondary":["dilution"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"moderate","sectorWeight":"low","householdBrandBoost":0,"marketCapAdjustment":"negative","retailFavoriteBoost":0}},"event_type":"offering","event_type_secondary":["dilution"],"sentiment":"bearish","material_impact_score":3,"narrative":"Inno Holdings Inc. has entered into a new At-the-Market (ATM) equity offering agreement allowing it to sell up to $60 million of common stock.\n\nThe new facility replaces a previously terminated $50 million ATM agreement from November 2025, indicating a continued need for flexible capital access.\n\nProceeds will be used for general working capital and corporate purposes, with sales executed at prevailing market prices at the company's discretion through agent Aegis Capital Corp.","key_figures":{"dealValueUsd":60000000,"customDimensions":{"previous_atm_value":50000000}},"named_entities":{"people":[],"products":[],"companies":[{"name":"Inno Holdings Inc.","ticker":"INHD","relationship":"filer"},{"name":"Aegis Capital Corp.","relationship":"sales agent"},{"name":"McCarter & English, LLP","relationship":"counsel"},{"name":"Kirton & McConkie P.C.","relationship":"counsel"},{"name":"Kaufman & Canoles, P.C.","relationship":"counsel"}],"dollarAmounts":[{"amount":"$60.0 million","context":"aggregate value of new ATM offering"},{"amount":"$50.0 million","context":"value of terminated previous ATM agreement"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-19T21:30:36.838Z","global_importance":25,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"moderate","sectorWeight":"low","householdBrandBoost":0,"marketCapAdjustment":"negative","retailFavoriteBoost":0}},"durationMs":36590,"modelName":"george-droid-qwen-72b"}}