Nightfood Holdings implements 1-for-150 reverse stock split
NGTF•Nightfood Holdings effected a 1-for-150 reverse stock split on Oct. 20, reducing outstanding common shares from approximately 543.9 million to approximately 3.6 million. The split-adjusted shares began trading on OTC Pink as NGTFD; the company said the split supports a proposed Nasdaq uplisting that remains subject to listing requirements and approval.
1. Split-adjusted trading begins
Nightfood Holdings effected the 1-for-150 reverse stock split at 12:01 a.m. Eastern Time on Oct. 20, 2026. Outstanding common shares fell from approximately 543,899,213 to approximately 3,625,995, while authorized common shares remained unchanged. Split-adjusted trading began on OTC Pink under NGTFD, with the symbol set to revert to NGTF after 20 trading days.
2. Nasdaq proposal remains conditional
The company said the reverse split supports a proposed uplisting to the Nasdaq Capital Market, which remains subject to listing requirements and Nasdaq approval.
