Onfolio warned by Nasdaq over minimum bid price
Onfolio Holdings Inc. reported that it received a written notice from Nasdaq on January 6, 2026 stating that it is not in compliance with Nasdaq Listing Rule 5550(a)(2).
Rhea-AI Filing Summary
Onfolio Holdings Inc. reported that it received a written notice from Nasdaq on January 6, 2026 stating that it is not in compliance with Nasdaq Listing Rule 5550(a)(2). For the last 33 consecutive business days, the company’s common stock closed below the $1.00 per share minimum bid price required to remain listed on the Nasdaq Capital Market. The notice does not immediately affect the listing or trading of the shares.
Onfolio has a 180‑day compliance period, until July 6, 2026, to regain compliance by having its closing bid price at or above $1.00 for at least ten consecutive business days. If it still does not comply, the company may qualify for an additional 180 days if it meets other listing standards and indicates plans to cure the deficiency, potentially including a reverse stock split. The company states that it is monitoring its bid price and evaluating options to maintain its Nasdaq listing.
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- Nasdaq minimum bid-price deficiency: Onfolio’s stock closed below the $1.00 minimum for 33 consecutive business days, triggering a formal noncompliance notice and potential future delisting if not cured.
Insights
Nasdaq bid-price noncompliance raises delisting risk for Onfolio.
Onfolio Holdings Inc. disclosed that Nasdaq notified the company on January 6, 2026 that it failed to meet the $1.00 minimum bid-price rule for 33 consecutive business days. This places the stock in formal noncompliance with Nasdaq Listing Rule 5550(a)(2), a key continued listing standard for the Nasdaq Capital Market.
The company has 180 calendar days, until July 6, 2026, to regain compliance by maintaining a closing bid of at least $1.00 for ten consecutive business days. If it meets other initial listing standards, it may qualify for an additional 180 days, and the filing explicitly mentions a potential reverse stock split as a cure method. If Nasdaq staff does not believe the deficiency can be cured, it may move to delist the securities.
The notice currently has no immediate effect on trading, but it introduces explicit listing risk. Subsequent disclosures about whether Onfolio meets the additional criteria for a second compliance period, or whether it proceeds with actions such as a reverse split, will clarify how the company responds ahead of the July 6, 2026 deadline.
8-K Event Classification
FAQ
Why did Onfolio (ONFO) receive a notice from Nasdaq?
Does the Nasdaq notice immediately affect trading in Onfolio (ONFO) stock?
How long does Onfolio have to regain Nasdaq minimum bid-price compliance?
Can Onfolio (ONFO) get more time beyond the initial 180 days from Nasdaq?
What steps might Onfolio take to cure the Nasdaq bid-price deficiency?
What happens if Onfolio cannot regain compliance with Nasdaq’s minimum bid price?
AI-generated analysis. How Rhea-AI works. Not financial advice.