Onfolio Holdings Announces 1-For-50 Reverse Stock Split To Regain Nasdaq Compliance; Reducing Float To Approximately 850,000 Shares
Rhea-AI Summary
Onfolio Holdings (Nasdaq: ONFO) announced a 1-for-50 reverse stock split of its common stock, intended to raise its closing bid price above $1.00 and help regain compliance with Nasdaq Listing Rule 5550(a)(2). The reverse split will be effective on the marketplace on August 10, 2026, with trading continuing under the ticker ONFO and a new CUSIP of 68277K 405.
According to Onfolio Holdings, the action will reduce outstanding common shares from approximately 42 million to about 850,000. Every fifty pre-split shares will automatically be reclassified into one post-split share, with par value remaining $0.001. No fractional shares will be issued; any fractional amounts will be rounded up to the nearest whole share. vStock Transfer is serving as transfer and exchange agent, and stockholders are not required to take action for the adjustment.
Positive
- 1-for-50 reverse split designed to help regain Nasdaq bid-price compliance
- Outstanding shares cut from ~42,000,000 to ~850,000, reducing public float
- No fractional shares; positions rounded up to nearest whole share
- Reverse split effective August 10, 2026 with trading continuing on Nasdaq
Negative
- Each 50 pre-split shares consolidate into 1 post-split share for holders
- Reverse split undertaken to address prior bid price below $1.00 Nasdaq minimum
News Explained
Mechanically, the split reduces the share count while raising the per-share price proportionally, and the split itself does not change company value; Onfolio says it will become effective on
Market reaction after 1-for-50 reverse stock split: ONFO -26.17%
Following this news, ONFO has declined 26.17%, reflecting a significant negative market reaction. Argus tracked a peak move of +4.7% during the session. Argus tracked a trough of -8.4% from its starting point during tracking. Our momentum scanner has triggered 111 alerts so far, indicating very high trading interest and price volatility. The stock is currently trading at $0.05. Trading volume is very high at 4.1x the average, suggesting heavy selling pressure.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 28 | Strategic alternatives | Positive | +14.2% | Company pursued acquisitions, divestitures, and portfolio-focused strategic alternatives. |
| Jul 23 | Strategic update | Negative | -11.7% | Paramount LOI ended as Onfolio refocused on acquisitions and Nasdaq compliance. |
| Jul 22 | LOI termination | Negative | -13.2% | Onfolio and Paramount terminated their proposed strategic combination. |
| Jul 08 | Helium transaction | Positive | -28.8% | Onfolio signed a binding LOI targeting a strategic combination with Paramount Helium. |
| Jun 04 | AI platform launch | Positive | -16.0% | Onfolio launched SharePulse and Parlance AI investor-relations platforms. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent positive announcements produced both aligned and divergent reactions, while negative transaction news was followed by declines.
Key Terms
reverse stock split financial
cusip number technical
transfer and exchange agent financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
WILMINGTON, Del., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Onfolio Holdings, Inc. (Nasdaq: ONFO, ONFOW) (OTC: ONFOP), an owner-operator of cash-generative online businesses, today announced that it will effect a 1-For-50 Reverse Stock Split (the “Reverse Stock Split”) of its common stock, par value
The Reverse Stock Split is intended to increase the closing bid price of the Common Stock above
The Reverse Stock Split will become effective on the market place on Aug 10th, 2026, and the Common Stock will open for trading on Nasdaq on a reverse split-adjusted basis under the existing ticker symbol “ONFO.” Following the execution of the Reverse Stock Split, the new CUSIP number for the Common Stock will be 68277K 405. The Reverse Stock Split reduces the number of shares of outstanding Common Stock from approximately 42 million shares to approximately 850,000 shares. At the effective time of the Reverse Stock Split, every fifty shares of Common Stock either issued and outstanding or held as treasury stock will be automatically reclassified into one new share of Common Stock. The par value per share of the Common Stock will remain unchanged at
No fractional shares will be issued in connection with the Reverse Stock Split. Fractional shares resulting from the Reverse Stock Split will be rounded up to the nearest whole share.
vStock Transfer LLC is acting as transfer and exchange agent for the Reverse Stock Split. Registered stockholders who hold shares of Common Stock are not required to take any action to receive post-Reverse Stock Split shares. Stockholders owning shares via a broker, bank, trust or other nominee will have their positions automatically adjusted to reflect the Reverse Stock Split, subject to such broker's particular processes, and will not be required to take any action in connection with the Reverse Stock Split.
About Onfolio Holdings
Onfolio Holdings Inc. (Nasdaq: ONFO) is an owner-operator of cash-generative online businesses. The Company acquires and operates profitable online businesses across diverse verticals, including marketing, education, and e-commerce, with a focus on sustainable cash flow and long-term value creation.
Visit www.onfolio.com for more information.
Forward-Looking Statements
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continues," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing new customer offerings, changes in customer order patterns, changes in customer offering mix, continued success in technological advances and delivering technological innovations, delays due to issues with outsourced service providers, those events and factors described by us in Item 1.A "Risk Factors" in our most recent Form 10-K and Form 10-Q; other risks to which our Company is subject; other factors beyond the Company's control. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Investor Contact investors@onfolio.com
