M&A - INNO HOLDINGS INC.
Form Type: 8-K/A
Filing Date: 2025-04-03
Corporate Action: Acquisition
Type: Update
Accession Number: 000164117225002499
Filing Summary: On March 28, 2025, Inno Holdings Inc. entered into two Membership Interest Purchase Agreements: the first with Strucraft Group Limited to sell a 15% interest in Core Modu LLC for $700,000, and the second to sell a 53% interest in Castor Building Tech LLC for $1,000, both expected to close on March 31, 2025. This Form 8-K/A amends a prior report to include the name of the buyer and correct exhibit links, with all other information remaining unchanged.
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Additional details:
Membership Interest Sold: 15% in Core Modu LLC
Purchase Price Core Modu: $700,000
Membership Interest Sold Cbt: 53% in Castor Building Tech LLC
Purchase Price Castor Building Tech: $1,000
Expected Closing Date: 2025-03-31
Form Type: 8-K
Filing Date: 2025-03-31
Corporate Action: Acquisition
Type: New
Accession Number: 000164117225001719
Filing Summary: On March 28, 2025, Inno Holdings Inc. entered into two Membership Interest Purchase Agreements. The first agreement, with Core Modu LLC (CM), involves the sale of a 15% membership interest in CM to the Buyer for $700,000, to be paid in four equal installments, with the closing expected on March 31, 2025. The second agreement is with Castor Building Tech LLC (CBT), where Inno Holdings will sell a 53% membership interest in CBT for an aggregate purchase price of $1,000, also with a closing date anticipated for March 31, 2025. Both agreements include standard representations, warranties, and covenants typical for similar transactions, detailed in the respective exhibits attached to the filing.
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Additional details:
Membership Interest Percentage Cm: 15
Purchase Price Cm: 700000
Payment Terms Cm: four equal installments
Membership Interest Percentage Cbt: 53
Purchase Price Cbt: 1000
Form Type: 8-K
Filing Date: 2025-03-10
Corporate Action: Acquisition
Type: New
Accession Number: 000149315225009691
Filing Summary: On March 4, 2025, Inno Holdings Inc. entered into a Share Purchase Agreement with Architectix Limited, where Inno Holdings agreed to sell all issued and outstanding shares of its wholly owned subsidiaries, Inno Metal Studs Corp and Inno AI Tech Corp, to Architectix Limited for $1,000 in cash. The Agreement includes customary representations, warranties, and covenants for such transactions. This filing is to report the execution of this material definitive agreement and is tied to the sale of its subsidiaries as part of the company's strategic realignment.
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Additional details:
Date Of Report: 2025-03-04
Buying Party: Architectix Limited
Subsidiaries Sold: ["Inno Metal Studs Corp","Inno AI Tech Corp"]
Total Purchase Price: 1000
Agreement Type: Share Purchase Agreement
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