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INNO HOLDINGS Priced, Nasdaq: INHD

Manufactures cold-formed steel framing for the construction industry.

Industry: Industrials

Latest Trade: $5.06 0.00 (0.0%)

First Day Return: +246.8%

Return from IPO: -87.4%

Industry: Industrials

INNO HOLDINGS is an innovative building-technology company with a mission to transform the construction industry with our proprietary cold-formed steel-framing technology and other building innovations. INNO recognized the inherent inefficiency and waste in traditional lumber-based construction techniques and sought to develop steel-based construction technologies to solve the problems. INNO takes its name from “innovation” and is committed to the research and development of steel studs/tracks/headers, providing higher performance and greater efficiencies in all aspects of construction, making better structural solutions for both commercial and residential buildings, resulting in substantial labor cost savings, in our view. The Company’s products are created using a combination of intelligent machines and cutting-edge techniques to provide an optimal design solution of framing for engineers, builders, and construction companies. We are currently a manufacturer of cold-formed-steel members and we offer a full range of services required to transform raw materials into precise steel framing products and prefabricated homes. We sell 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.
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IPO Data
IPO File Date 07/26/2023
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 2.5
Deal Size ($mm) $10
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/04/2023
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 2.5
Deal Size ($mm) $10
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
AC Sunshine Securities
Company Data
Headquarters Brookshire, TX, United States
Founded 2019
Employees at IPO 29
Website www.innometalstuds.com

INNO HOLDINGS (INHD) Performance