secwatch.observer — SEC 8-K summary
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Issuer:     Onfolio Holdings, Inc (ONFO)
CIK:        0001825452
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001654954-24-004948
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Onfolio receives Nasdaq extension until Oct 21, 2024 to regain $1.00 bid price compliance
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- Previously disclosed Nasdaq deficiency notice from Oct 25, 2023 for bid price below $1.00 for 30 consecutive days.
- Extension granted until Oct 21, 2024; must close at $1.00 or higher for 10 consecutive business days.
- If not cured, Nasdaq will issue delisting notice; company may appeal to a hearings panel.
- No assurance the company will regain compliance or maintain other Nasdaq listing standards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825452/000165495424004948/0001654954-24-004948-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825452/000165495424004948/onfo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-004948

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