Onfolio Regains Nasdaq Minimum Bid Price Compliance; Matter Closed
Onfolio Holdings said Nasdaq has determined it regained compliance with the $1.00 minimum bid price rule, and Nasdaq considers the matter closed. The company received the original notice on July 2, 2026, and its closing bid price stayed at or above $1.00 from August 10 to August 25, 2026. The filing shows the company is no longer at risk of a Nasdaq listing action over this issue, but it does not give financial results.
Key points
- Nasdaq notice on July 2, 2026 said the stock had failed to maintain a minimum bid price of $1.00 for 30 consecutive business days.
- Closing bid price was at or above $1.00 for 12 consecutive business days, from August 10 to August 25, 2026.
- Press release dated August 27, 2026 (Exhibit 99.1) announced the regained compliance under Nasdaq Listing Rule 5550(a)(2).
- CEO Dominic Wells said the reverse split was enacted about two weeks before the release to restore compliance.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.