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Onfolio Holdings Announces 1-For-50 Reverse Stock Split To Regain Nasdaq Compliance; Reducing Float To Approximately 850,000 Shares
요약
WILMINGTON, Del., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Onfolio Holdings, Inc. (Nasdaq: ONFO, ONFOW) (OTC: ONFOP), an owner-operator of cash-generative online businesses, today announced that it will effect a 1-For-50 Reverse Stock Split (the “Reverse Stock Split”) of its common stock, par value $0.001 per share (“Common Stock”).The Reverse Stock Split is intended to increase the closing bid price of the Common Stock above $1.00 per share, and to enable the Company to regain compliance with The Nasd