Recent 8-K filings for OFAL
Highest-materiality recent filing
OFA Group subsidiary acquires 50% co-ownership in QIKBIM IP for $17.5M, gains sole control
- Aggregate purchase price $17.5M, with $11.99M in historical payments credited; $2.998M final installment and $2.506M supplemental consideration due by Dec 31, 2026.
- Buyer receives sole and final authority over all operational, technical, strategic, and commercial matters relating to QIKBIM IP and business.
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OFA Group appoints Yan Xu as independent director, effective Aug 7, 2026
Yan Xu, 39, appointed independent director for 1-year term, renewable by mutual agreement.
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OFA Group announces 1-for-10 reverse stock split effective July 31, 2026 to maintain Nasdaq listing
1-for-10 consolidation of Class A ordinary shares effective 12:01 a.m. ET on July 31, 2026.
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OFA Group issues 356 Series A Convertible Preferred Shares to TriCore for $320,400
On June 17, 2026, OFA Group completed an additional closing under a Purchase Agreement with TriCore Foundation, a related party.
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Nasdaq grants OFA Group additional 180 days to meet minimum bid price requirement
Extended compliance period ends Dec 7, 2026; share price must close at $1.00+ for 10 consecutive business days.
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OFA Group amends waiver with Atsion; default on $1M fee may convert to up to 3M shares
On June 4, 2026, OFA Group entered Amendment No. 1 with Atsion Opportunity Fund LLC.
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OFA Group shareholders approve 1-for-10 reverse stock split and 2026 equity plan
Shareholders authorized a 1-for-10 consolidation of Class A ordinary shares, effective at board's discretion.
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OFA Group signs $7.5M tokenization services deal for Vero Beach residential project
Received first $3.75M installment of $7.5M platform fee for blockchain tokenization services.
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OFA Group signs $15M tokenization service agreement for Long Island City project
$15M platform technology fee: 50% on signing, 25% on smart contract deployment, 25% on token issuance setup.
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OFA Group director resigns; Erwin Pineda appointed to board and committees
Won Ping Cheng resigned as director and audit committee member effective April 2, 2026; no disagreement cited.
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OFA Group signs $15M tokenization deal for $1B Long Island City project
Platform technology fee of $15M, payable in two milestone installments; initial payment already received.
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OFA Group subsidiary acquires 50% co-ownership in QIKBIM IP for $17.5M, gains sole control
Aggregate purchase price $17.5M, with $11.99M in historical payments credited; $2.998M final installment and $2.506M supplemental consideration due by Dec 31, 2026.
Materiality & sentiment trend
Max materiality 0.75 · Median 0.60 · Most common event other_material