Onfolio regains Nasdaq compliance on $1 minimum bid price rule
ONFO•Nasdaq compliance restored
Onfolio regained compliance with Nasdaq’s $1 minimum bid price rule, removing a listing-risk overhang tied to the prior deficiency notice.
Nasdaq confirmed the stock closed at or above $1 for at least 10 consecutive business days, closing the matter.
The company cited a reverse stock split completed two weeks earlier as the step taken to restore compliance.
