OFA Group Announces 1-for-10 Share Consolidation to Support Nasdaq Listing

What Happened
On July 27, 2026, OFA Group (OFAL) filed a Current Report on Form 8-K announcing it will effect a 1-for-10 share consolidation (a reverse split) of all of its Class A ordinary shares, effective July 31, 2026. The company said the consolidation is being done to support its continued listing on the Nasdaq Capital Market. A press release dated July 27, 2026, was furnished as Exhibit 99.1 to the 8-K.

Key Details

• 1-for-10 consolidation of all Class A ordinary shares (reverse split).
• Effective date: July 31, 2026.
• Announcement made via press release on July 27, 2026 (Exhibit 99.1 to the 8-K).
• Stated purpose: to support the Company’s continued listing on the Nasdaq Capital Market.

Why It Matters
A 1-for-10 consolidation reduces the number of outstanding shares and will proportionally increase the per-share price (assuming no market reaction). The filing does not change holders’ proportional ownership interest other than the mathematical effect of the consolidation. Investors should review the company’s press release and future filings for details on fractional-share treatment and any broker-related actions, and contact their broker or the company transfer agent with questions.