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What changed 10-K

Item 5. Market for Registrant’s Common Equity

2025-12-15 compared with 2024-12-09 · 35 added, 42 removed, 54 unchanged (59% of the section changed)

1 unchanged sentence

have our common stock listed on The Nasdaq Capital Market under the symbol “INHD”.

of December 6, 2024, there were approximately 25 stockholders of record of our common stock.

The actual number of stockholders is greater

than this number of record holders, and includes stockholders who are beneficial owners, but whose shares are held in street name by

brokers and other nominees.

This number of holders of record also does not include stockholders whose shares may be held in trust by

other entities.

of September 30, 2025, there were 19 stockholders of record of our common stock.

The actual number of stockholders is greater than this

number of record holders, and includes stockholders who are beneficial owners, but whose shares are held in street name by brokers and

other nominees.

This number of holders of record also does not include stockholders whose shares may be held in trust by other entities.

November 30, 2022, the Company effected a forward stock split (the “Stock Split”) of the Company’s issued and outstanding

37 unchanged sentences

the Securities Act:

of common stock.

December 3, 2022, the Company issued 14,286 shares of its common stock to an accredited investor at $35 per share for $500,000 in

March 13, 2023, the Company issued 2,703 shares of its common stock to an accredited investor at $37 per share for $100,000 in cash.

April 25, 2023, The Company issued 7,895 shares of its common stock to an accredited investor at $38 per share for $300,000 in cash.

June 20, 2023, the Company issued 1,316 shares of its common stock for a total value of $50,000 for services to be rendered during

next twelve months by the immediate relative of the Company’s Chief Financial Officer.

June 20, 2023, the Company issued 1,974 shares of its common stock for a total value of $75,000 for services to be rendered during

next twelve months by one nonemployee contractor.

These shares were valued at $38 per share.

July 24, 2023, the Company issued 1,352 shares of its common stock to an accredited investor for no additional consideration following

the Company’s previously disclosed reverse stock split in July 2023.

July 24, 2023, the Company issued 3,947 shares of its common stock to an accredited investor for no additional consideration following

the Company’s previously disclosed reverse stock split in July 2023.

July 24, 2023, the Company issued 658 shares of its common stock to an accredited investor for no additional consideration following

the Company’s previously disclosed reverse stock split in July 2023.

July 24, 2023, the Company issued 987 shares of its common stock to an accredited investor for no additional consideration following

the Company’s previously disclosed reverse stock split in July 2023.

July 24, 2023, the Company issued 7,143 shares of its common stock to an accredited investor for no additional consideration following

the Company’s previously disclosed reverse stock split in July 2023.

January 1, 2024, the Company granted 5,000 shares to one advisory firm for a total value of $72,000 for advisory services to be rendered

during next twelve months.

The advisory firm helps and supports the Company in the capital market, including developing capital market

strategies, sourcing different providers including investment banks and underwriters, etc.

These shares were issued by the transfer agent

on July 15,2024 and valued at $14 per share.

issuance of the common stock in private placements was deemed exempt from registration under Section 4(a)(2) of the Securities Act or

Regulation D promulgated thereunder in that the issuance of securities were made to an accredited investor and did not involve a public

The recipient of such securities represented its intention to acquire the securities for investment purposes only and not with

a view to or for sale in connection with any distribution thereof.

December 18, 2023, the Company issued warrants to AC Sunshine Securities LLC, the underwriter of its IPO (as defined below), to purchase

up to 20,125 shares of common stock at an exercise price of $48 per share.

Issuance of common

On November 4, 2024, the

Company issued 500,000 shares of its common stock to certain investors for an aggregate purchase price of $2,000,000 at $4.00 per

share in reliance on the exemption from registration requirements thereof provided by Section 4(a)(2) of the Securities Act or Regulation

S promulgated under the Securities Act.

On November 20, 2024, the

Company issued 277,083 shares of its common stock to certain investors at a purchase price per share of $4.80 in reliance on the

exemption from registration requirements thereof provided by Section 4(a)(2) of the Securities Act or Regulation S promulgated under

the Securities Act.

On December 13, 2024, the

Company issued 452,084 shares of its common stock to certain investors at a purchase price per share of $4.80 in reliance on the

exemption from registration requirements thereof provided by Section 4(a)(2) of the Securities Act or Regulation S promulgated under

the Securities Act.

On December 23, 2024, the

Company issued 700,000 shares of its common stock to certain investors at a purchase price per share of $2.50 in reliance on the

exemption from registration requirements thereof provided by Section 4(a)(2) of the Securities Act or Regulation S promulgated under

the Securities Act.

On June 20, 2025, the Company

issued 1,400,000 shares of its common stock to certain accredited investor a consideration of $1,050,000.

issuance of the common stock in private placements was deemed exempt from registration under Section 4(a)(2) of, and/or Rule 506(b) of

Regulation D and/or Regulation S promulgated under the Securities Act in that the issuance of securities were made to an accredited investor

and did not involve a public offering.

The recipient of such securities represented its intention to acquire the securities for investment

purposes only and not with a view to or for sale in connection with any distribution thereof.

of Proceeds from our Initial Public Offering of Common Stock

1 unchanged sentence

stock at a price to the public of $4.00 per share.

We received approximately $7,859,533 in aggregate net proceeds from our IPO after deducting

underwriting discounts and commissions and other offering expenses.

We received approximately $7,859,533 in aggregate net proceeds from our IPO after

deducting underwriting discounts and commissions and other offering expenses.

AC Sunshine Securities LLC was the underwriter of our IPO.

2 unchanged sentences

333-273429), which was declared effective by the SEC on November 9, 2023.

of January 11, 2023, we have used approximately $0.9 million of the net proceeds from our IPO for working capital and general corporate

There has been no material change in our planned use of the net proceeds from our IPO as described in our final prospectus

filed pursuant to Rule 424(b)(4) under the Securities Act with the SEC on December 4, 2023.

of November 30, 2024, we used all of the net proceeds from our IPO for working capital and general corporate purposes.

There was no material

change in our use of the net proceeds from our IPO as described in our final prospectus filed pursuant to Rule 424(b)(4) under the Securities

Act with the SEC on December 4, 2023.

of Equity Securities

5 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.