Onfolio restores Nasdaq $1 bid price compliance
Onfolio Holdings, Inc. (ONFO) reports that it has regained compliance with The Nasdaq Stock Market’s minimum bid price requirement.
Rhea-AI Filing Summary
Onfolio Holdings, Inc. (ONFO) reports that it has regained compliance with The Nasdaq Stock Market’s minimum bid price requirement. On July 2, 2026, Nasdaq notified the company that its common stock had failed to maintain the required $1.00 minimum bid price over 30 consecutive business days.
Nasdaq’s Listing Qualifications Staff has since determined that for the 12 consecutive business days from August 10, 2026 to August 25, 2026, Onfolio’s common stock closed at or above $1.00 per share. As a result, the company is again in compliance with Nasdaq Listing Rule 5550(a)(2), and Nasdaq considers the matter closed. A press release dated August 27, 2026 notes that Onfolio enacted a reverse split approximately two weeks earlier to help restore compliance.
Positive
- Nasdaq compliance restored: Onfolio regained compliance with Nasdaq Listing Rule 5550(a)(2) after its stock closed at or above $1.00 for at least 10 consecutive business days, and Nasdaq has confirmed the listing compliance matter is now closed.
Negative
- None.
Insights
Analyzing...
8-K Event Classification
3 items: 3.01, 8.01, 9.01
3 items
Item 3.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Securities
The company received a delisting notice, failed to satisfy a continued-listing rule or standard, or transferred its listing.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Minimum bid price requirement: $1.00 per share
Non-compliance notice date: July 2, 2026
Compliance measurement window: 12 consecutive business days
+2 more
5 metrics
Minimum bid price requirement
$1.00 per share
Nasdaq Listing Rule 5550(a)(2) minimum closing bid price for continued listing
Non-compliance notice date
July 2, 2026
Date Nasdaq notified Onfolio its stock failed to maintain the $1.00 minimum bid price over 30 consecutive business days
Compliance measurement window
12 consecutive business days
From August 10, 2026 to August 25, 2026, closing bid at or above $1.00 per share
Consecutive days at or above requirement
at least 10 business days
Period Nasdaq required the closing bid price to be at or above $1.00 per share to restore compliance
Press release date
August 27, 2026
Date Onfolio announced it had regained compliance with Nasdaq Listing Rule 5550(a)(2)
Key Terms
Nasdaq Listing Rule 5550(a)(2), minimum bid price, reverse-split, forward-looking statements, +1 more
5 terms
Nasdaq Listing Rule 5550(a)(2) regulatory
"regained compliance with Nasdaq Listing Rule 5550(a)(2), which, among other things"
minimum bid price market
"failed to maintain a minimum bid price of $1.00 over the previous 30"
The minimum bid price is the lowest share price that a market, regulator, or specific offering will accept for a trade, listing, or auction—think of it as a reserve or floor that a stock must meet to qualify for certain actions. It matters to investors because falling below that floor can limit trading options, trigger compliance measures or delisting risks, and affect liquidity and the perceived value of a holding, much like a reserve price in an auction sets the baseline for a sale.
reverse-split financial
"We enacted our reverse-split two weeks ago specifically to regain Nasdaq"
A reverse-split is a corporate action that reduces the number of a company's outstanding shares by combining multiple existing shares into a smaller number of proportionally more valuable shares (for example, every ten shares become one). It leaves the company’s total ownership value the same (ignoring market reactions) but raises the share price and changes per-share figures, like earnings per share; think of it as cutting a pizza into fewer, larger slices. Investors care because it affects trading liquidity, per-share metrics, and sometimes compliance with listing rules.
forward-looking statements regulatory
"may contain forward-looking statements within the meaning of the Private"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What Nasdaq listing issue did ONFO face and how was it triggered?
Onfolio Holdings Inc. (ONFO) received notice on July 2, 2026 from Nasdaq that its common stock failed to maintain the required $1.00 minimum bid price over the previous 30 consecutive business days, putting its Nasdaq Capital Market listing at risk.
How did ONFO regain compliance with Nasdaq’s minimum bid price rule?
Onfolio regained compliance after Nasdaq determined that from August 10–25, 2026 its common stock’s closing bid price was at or above $1.00 per share for 12 consecutive business days, satisfying Nasdaq Listing Rule 5550(a)(2).
What specific Nasdaq rule is ONFO now compliant with?
Onfolio is now compliant with Nasdaq Listing Rule 5550(a)(2), which requires a minimum closing bid price of $1.00 per share for continued listing on the Nasdaq Capital Market. Nasdaq has stated that it considers the compliance matter closed.
When did ONFO announce the restoration of Nasdaq compliance?
Onfolio announced the restoration of Nasdaq compliance in a press release dated August 27, 2026. Nasdaq confirmed that the company had satisfied the minimum bid price requirement and that it considered the listing matter closed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
