Inno Holdings shares surge 13.82% premarket as Q1 revenue jumps 623% to $1.46M, loss narrows, and $32M capital raise boosts cash reserves.

Inno Holdings Inc. (NASDAQ:INHD) surged 13.82% in premarket trading following a 31.90% after-hours rally driven by its Q1 fiscal revenue jumping to $1.46 million (up from $196,000) and a sharply narrowed net loss of $28,618. The company nearly tripled cash reserves to $37.15 million via a $32.02 million capital raise through 6.54 million new shares. While the reverse stock split and potential for further dilution raised concerns, the improved financials and liquidity provided immediate.