03:03 PM EDT, 09/11/2025 (MT Newswires) -- Inno Holdings ( INHD ) said Thursday it closed a direct offering of $7.2 million of common shares and pre-funded warrants at $3.6 per share and approximately $3.6 per warrant.

The offering consisted of 1.2 million common shares and warrants to buy 800,000 common shares, according to the company, which said 285,000 warrants were exercised upon closing.

Inno ( INHD ) said it will use the net proceeds for general corporate purposes, including working capital.

Shares were down 7.3% in recent trading.

Price: 4.65, Change: -0.40, Percent Change: -7.92