Onfolio Holdings, Inc 8-K

What Happened On May 26, 2026, Onfolio Holdings, Inc. (ONFO) announced it received a written notice from the Nasdaq Listing Qualifications Department that it is not in compliance with Nasdaq Listing Rule 5550(b)(1), which requires at least $2,500,000 in stockholders’ equity. The Company’s Quarterly Report on Form 10‑Q for the period ended March 31, 2026 reported stockholders’ equity of $1,216,603. The notice also confirmed Onfolio does not meet Nasdaq’s alternative continued‑listing tests (a $35 million market value of listed securities or net income of $500,000 in the most recent fiscal year or two of the last three).

Key Details

• Notice date: May 26, 2026; Form 10‑Q reported stockholders’ equity of $1,216,603 for quarter ended March 31, 2026.
• Nasdaq minimum equity requirement: $2,500,000 (Rule 5550(b)(1)).
• Deadline: Company has 45 calendar days (until July 10, 2026) to submit a compliance plan; Nasdaq may grant up to a 180‑day extension if a plan is accepted.
• Trading status: The notice does not have an immediate effect; ONFO will continue trading under the ticker “ONFO.” Company intends to submit a plan but said there is no assurance it will be accepted.

Why It Matters For investors, the notice signals that Onfolio currently falls short of Nasdaq’s minimum equity listing standard, which could ultimately lead to delisting if Nasdaq does not accept a remedial plan or the company cannot regain compliance within any granted extension. The company’s obligation to submit a plan and the potential need for corrective actions (such as fundraising, asset changes, or other measures) may affect shareholder dilution, liquidity, and short‑term stock volatility. The filing states Onfolio will seek to regain compliance but provides no certainty of success.