Inno Holdings Stock Remains Halted — What You Need To Know

Nasdaq halted trading of Inno Holdings (INHD) after the stock surged 3,600% in a single session following a $3 million development services agreement with a Hong Kong-based AI provider. The halt (T12 code) was issued due to concerns about the company's legitimacy, including two reverse splits in six months, a $7 million net loss on $2.85 million revenue, going-concern doubts from auditors, and a company website that redirects to an Italian gambling site. Trading remains frozen with no resumption date set.