NASDAQ halts Inno Holdings trading pending additional information
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Nasdaq halted trading in Inno Holdings Inc. (NASDAQ: INHD) pending the company's response to a request for additional information, according to a statement from the exchange.
The halt took effect at 17:18:58 on June 8, with the stock's last closing price at $39.49. Trading will remain suspended until Inno Holdings satisfies Nasdaq's information request.
Nasdaq did not specify the nature of the additional information being sought from the company. The exchange statement provided no timeline for when trading might resume.
Trading halts for additional information requests are typically issued when exchanges require companies to provide clarification or documentation regarding corporate developments, financial matters, or compliance issues.
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