Onfolio Holdings, Inc 8-K

What Happened

• On July 2, 2026, Onfolio Holdings, Inc. received a written notice from the NASDAQ Listing Qualifications Staff stating the company is not in compliance with NASDAQ Listing Rule 5550(a)(2) because the closing bid price of its common stock was below $1.00 for the 30 consecutive business days prior to the notice. The company filed an 8-K on July 9, 2026 to disclose the notice.
• The notice does not have an immediate effect on the listing or trading of Onfolio’s shares. NASDAQ has given the company a 180-calendar-day compliance period (until December 29, 2026) to regain compliance by achieving a closing bid price of $1.00 or higher for at least ten consecutive business days.

Key Details

• Date of NASDAQ notice: July 2, 2026.
• Rule cited: NASDAQ Listing Rule 5550(a)(2) (minimum $1.00 bid price).
• Compliance window: 180 calendar days (deadline Dec 29, 2026) to reach $1.00 for 10 consecutive business days.
• Possible second compliance period: the company may be eligible for an additional 180 days if it meets market value-of-publicly-held-shares and other initial listing standards (except bid price) and files written notice of intent to cure, which may include a reverse stock split.

Why It Matters

• For investors, this notice signals a risk that Onfolio’s shares could eventually be delisted from the NASDAQ Capital Market if the company does not regain the minimum $1.00 bid price or otherwise qualify for an extension. Delisting can reduce liquidity and make trading or holding the stock more difficult.
• There is no immediate change to trading, but the company will monitor the share price and evaluate options to regain compliance (including a possible reverse stock split). Investors should watch future company disclosures and the stock’s closing bid price during the compliance period.