other material
confidence high
sentiment neutral
materiality 0.60
Onfolio Holdings announces 1-for-50 reverse stock split effective Aug 10 to regain Nasdaq compliance
Onfolio Holdings, Inc
- Reverse split at 1-for-50 effective Aug 10, 2026; outstanding shares reduced from ~42M to ~850K.
- Ticker ONFO unchanged; new CUSIP 68277K405; warrants ONFOW retain CUSIP 68277K124.
- Fractional shares rounded up; par value stays $0.001 per share; preferred stock unchanged.
- Purpose: regain Nasdaq minimum bid price compliance under Listing Rule 5550(a)(2).
- Transfer agent VStock Transfer LLC; no stockholder action required for the split.