Onfolio Holdings announces 1-for-50 reverse stock split to regain Nasdaq compliance
ONFO•Reverse stock split to regain Nasdaq compliance
Onfolio Holdings will execute a 1-for-50 reverse stock split, effective for Nasdaq trading on Aug. 10, 2026.
The move is intended to help the company regain compliance with Nasdaq’s $1 minimum bid price requirement under Listing Rule 5550(a)(2).
The share count is expected to fall to about 850,000 from about 42 million. The ticker will remain ONFO.
Fractional shares will be rounded up, and the new CUSIP for the common stock will be 68277K 405.
