regulatory
confidence high
sentiment negative
materiality 0.60
Onfolio gets Nasdaq extension until Nov 23, 2026 to regain $2.5M stockholders' equity compliance
Onfolio Holdings, Inc
- Nasdaq's Oct 5, 2026 letter grants Onfolio until Nov 23, 2026 to regain compliance with Listing Rule 5550(b) after it failed the $2.5M minimum stockholders' equity test under 5550(b)(1).
- Onfolio also did not satisfy either alternative standard under Rule 5550(b) - market value of listed securities or net income from continuing operations - per the May 26, 2026 Nasdaq notice.
- By Nov 23, 2026 the company must file an 8-K evidencing compliance; otherwise Nasdaq Staff will issue a written delisting notification, appealable to a Nasdaq Hearings Panel.
- Nasdaq said Onfolio may be delisted if it fails to evidence compliance when filing its periodic report for the year ending December 31, 2026; no assurance compliance will be regained.
- Onfolio stated the letter has no immediate effect on listing or trading of its common stock (ONFO) and warrants (ONFOW) on the Nasdaq Capital Market.