Inno Holdings Inc. (NASDAQ: INHD)
$4.8300
-0.2300 ( +3.35% ) 2.4K
Inno Holdings Inc is a building technology company with a mission to transform the construction industry with its proprietary cold-formed steel-framing technology and other innovations. It is a manufacturer of cold-formed-steel members and prefabricated homes. It offers a full range of services required to transform raw materials into precise steel framing products and prefabricated homes. The company sells these finished products either to businesses or directly to customers. The finished products and cold-formed-steel members are used in a variety of building types, including residential, commercial, industrial and infrastructure.
Market Data
Open
$4.8300
Previous close
$5.0600
Volume
2.4K
Market cap
$12.97M
Day range
$5.0050 - $5.2890
52 week range
$3.0000 - $192.1000
SEC Filings
| Form Type | Description | Pages | Date |
|---|---|---|---|
| def | Proxies and info statements | 1 | Sep 20, 2024 |
| 8-k | 8K-related | 105 | Sep 12, 2024 |
| 3 | Insider transactions | 2 | Sep 11, 2024 |
| 3 | Insider transactions | 2 | Sep 11, 2024 |
| pre | Proxies and info statements | 1 | Sep 09, 2024 |
| 10-q | Quarterly Reports | 65 | Aug 12, 2024 |
| 3/a | Insider transactions | 2 | Jun 14, 2024 |
| 3 | Insider transactions | 3 | Jun 05, 2024 |
| 4 | Insider transactions | 1 | Jun 05, 2024 |
| 3 | Insider transactions | 3 | Jun 05, 2024 |
Latest News
INNO Holdings Inc.
$4.83 -0.2300 +3.35% 2.4K
Company Overview
INNO Holdings is a pioneering building technology company aiming to revolutionize the construction industry with its proprietary cold-formed steel-framing technology and innovative building solutions. Recognizing the inefficiencies and waste inherent in traditional lumber-based construction methods, INNO Holdings offers steel-based alternatives that provide higher performance, efficiency, and substantial labor cost savings. Located in Brookshire, Texas, INNO Holdings operates a state-of-the-art manufacturing facility capable of producing 15,000 linear feet of product per day.
Using intelligent machinery and advanced techniques, INNO Holdings manufactures cold-formed steel members and offers a suite of services to transform raw materials into precise framing products and prefabricated homes. The Company's services range from fabrication operations, such as cutting, punching, forming, and assembling, to machine operations, including computer numerical controlled (CNC) operations. All operations are conducted under a stringent quality assurance program that meets national and international codes, standards, and specifications. INNO Holdings is poised to disrupt the $10 trillion global construction industry by reducing construction times and offering more affordable, sustainable, and durable solutions than traditional construction materials and methods. By doing so, INNO Holdings is not just building structures, but a more efficient and sustainable future.
Value Proposition
INNO Holdings is transforming the construction industry with its innovative approach to sustainable, efficient, and cost-effective building methods. Utilizing advanced steel-framing technology, the Company's solutions reduce construction times by over 50% while significantly cutting labor costs. INNO Holdings manufactures metal studs, prefab wall panels, joists, and trusses offsite, delivering assembled products ready for erection and connection. This approach results in cleaner, more organized construction sites with fewer safety hazards. As a trailblazer in the burgeoning $235.4 billion offsite construction market, INNO Holdings is seizing the opportunity presented by the increasing trend toward modular building techniques. With tailwinds from President Biden’s Executive Order 14057 and the Los Angeles City Council's recent ban on wood-frame buildings, there is a growing demand for INNO's products. The Company isn't merely offering an alternative to traditional construction methods; it's establishing a new industry standard and delivering unparalleled value to its commercial, residential, and industrial clients. With upcoming product launches and an existing order backlog exceeding $15 million, INNO Holdings appears to be on the cusp of substantial growth.
Market Opportunity
Investor Presentation
Investment Highlights
-
Innovative technology solutions disrupting $10T construction industry
- Proprietary cold-formed steel-framing technology and sustainable building solutions
- Higher performance, efficiency, and substantial labor cost savings compared to traditional lumber-based methods
- Innovative approach reduces construction times by over 50%
- Addressable US market opportunity estimated at $40B (2023)
-
Growing order backlog
- Existing order backlog exceeds $15 million
- New product launches expected to accelerate growth
-
Solid financial position
- Raised $10.0M in gross proceeds through Dec. 2023 IPO
Four Initial Product Lines
Three Established Subsidiaries
Disclosure
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RedChip Visibility is a division of RedChip Companies, Inc. and offers research services to paying clients. In the purview of Section 17(b) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader's attention to the fact that RedChip Companies Inc. is an investor relations firm hired by certain companies to increase investor awareness to the small-cap equity community.
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INNO Holdings (INHD) is a client of RedChip Companies, Inc. INHD agreed to pay RedChip Companies, Inc. a monthly cash fee of $5000, beginning in December 2023, and 30,000 shares of Rule 144 stock for 12 months of investor awareness services. RedChip intends to and will, if possible, sell all of its shares immediately upon removal of the restriction, and you may be buying as RedChip is selling.
Investor awareness services and programs are designed to help small-cap companies communicate their investment characteristics. RedChip investor awareness services include the preparation of a research profile(s), multimedia marketing, and other awareness services.