Onfolio Holdings, Inc: Nasdaq grants extension until Nov 23, 2026 to regain listing compliance

What happened

• The filing says Onfolio announced that Nasdaq granted the Company an extension until Nov 23, 2026 to regain compliance with Nasdaq Listing Rule 5550(b).
• The filing says Nasdaq originally notified the Company on May 26, 2026 that it failed to meet the $2,500,000 minimum stockholders’ equity requirement under Listing Rule 5550(b)(1) and did not satisfy the alternative standards relating to market value of listed securities or net income from continuing operations. The extension letter is dated Oct 5, 2026; the Company issued a press release on Oct 7, 2026.

Key details

• Nasdaq granted an extension to regain compliance by Nov 23, 2026.
• Initial notice of noncompliance was received May 26, 2026; the rule cited was Listing Rule 5550(b)(1) and the $2,500,000 minimum stockholders’ equity requirement.
• The Nasdaq letter states the Company must furnish a Form 8-K evidencing compliance and that Nasdaq will monitor ongoing compliance; failure to evidence compliance when filing its periodic report for the year ending Dec 31, 2026 could lead to a written delisting notification subject to appeal to a Nasdaq Hearings Panel.
• The filing says the letter has no immediate effect on the listing or trading of the Company’s common stock and does not affect the Company’s business, operations, or SEC reporting requirements.

Why it may matter

• Item reported: Item 3.01 (Notice of delisting or failure to satisfy a continued listing rule or standard) and Item 8.01 (Other events). Item 3.01 covers Nasdaq’s notice regarding noncompliance with Nasdaq Listing Rule 5550(b) and the related extension; Item 8.01 describes the extension letter and the Company’s press release.
  A filing does not show why the insider traded or why the company acted.