Jul. 8 at 9:28 PM
$INHD just secured a
$6M equity lifeline - but at what cost? Selling shares at 20-40% discounts signals desperation. With cash burn accelerating and shares outstanding already doubled since 2024, this looks like dilution roulette. The steel-to-electronics pivot needs miracles, not just capital infusions.
https://www.sec.gov/Archives/edgar/data/1961847/000164117225018252/form8-k.htm