Onfolio effects 1-for-50 reverse stock split on Aug. 10

Onfolio Holdings will execute a 1-for-50 reverse stock split, effective for Nasdaq trading on Aug. 10, 2026.

The move targets a bid price above $1 to regain compliance with Nasdaq Listing Rule 5550(a)(2).

Outstanding common shares are expected to drop to about 850,000 from about 42 million.

No fractional shares will be issued; split-related fractions will be rounded up to the nearest whole share.