Onfolio Holdings will effect a 1-for-50 reverse stock split effective on the marketplace on August 10, 2026, to raise its closing bid price above $1.00 per share and regain compliance with Nasdaq Listing Rule 5550(a)(2). The reverse split reduces outstanding common stock from approximately 42 million shares to approximately 850,000 shares, with every fifty shares automatically reclassified into one new share. The par value per share remains unchanged at $0.001, and no fractional shares will be issued, with any fractional amounts rounded up to the nearest whole share. The common stock will continue trading on Nasdaq under the ticker symbol ONFO on a split-adjusted basis, and stockholders are not required to take any action.
Onfolio Holdings IncReverse stock split to regain Nasdaq compliance; no direct operational impact, but may affect stock price perception.
