Onfolio Holdings receives NASDAQ minimum-bid-price deficiency notice
Onfolio Holdings received a notice from NASDAQ on July 2, 2026, that it is not in compliance with NASDAQ Listing Rule 5550(a)(2) because the closing bid price of its common stock was below $1.00 per share for the last 30 consecutive business days. The company has a compliance period of 180 calendar days (until December 29, 2026) to regain compliance by achieving a closing bid price of $1.00 per share or higher for a minimum of ten consecutive business days. If the company does not regain compliance, it may be eligible for an additional 180-day period provided it meets certain continued listing standards and notifies NASDAQ of its intention to cure the deficiency, potentially by reverse stock split.
Key facts
- Notice received July 2, 2026, from NASDAQ Listing Qualifications Staff
- Non-compliance with NASDAQ Listing Rule 5550(a)(2) due to closing bid price below $1.00 per share for 30 consecutive business days
- 180-calendar-day compliance period until December 29, 2026
- Compliance achieved by closing bid price of $1.00 per share or higher for minimum of ten consecutive business days
- Potential additional 180-calendar-day period if company meets continued listing requirements for market value of publicly held shares and other Nasdaq Capital Market initial listing standards
Why it matters
The deficiency notice places Onfolio on a clock to restore its stock price above $1.00 per share or face potential delisting from NASDAQ; failure to achieve compliance in either the initial 180-day period or a potential second period would result in delisting.
Share
Derived from 8-K filed 2026-07-09. Not investment advice. View the source filing on SEC.gov →