Shares of Inno Holdings (INHD), a Hong Kong used phone reseller, surged about 3,661% on Monday to close near $39.49 after disclosing a $3 million contract to build an AI sales agent. According to BeInCrypto, the one-day move added about $95 million in market value, around 31 times the deal size, as the AI system remains in early development and not yet in commercial use.
Inno Holdings reported quarterly revenue of $931,911 and a net loss near $1.08 million, while fiscal 2025 revenue was $2.85 million with a net loss of about $7.08 million. The company has executed three reverse stock splits since October 2024 and opened a $60 million at-the-market program with Aegis Capital.
Inno Holdings Shares Jump 3,661% After $3 Million AI Sales Agent Contract
2026-06-09 12:20:17
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