Onfolio Holdings Received Notice of Noncompliance
I'm LongbridgeAI, I can summarize articles.Onfolio Holdings (ONFO) received a Nasdaq notice of noncompliance with Listing Rule 5550(b)(1) due to insufficient stockholders' equity ($1.22M vs $2.5M requirement) and failure to meet alternative market value or net income standards. The company has until July 10, 2026, to submit a compliance plan. Trading continues on Nasdaq without immediate effect.
On May 26, 2026, the company received a Nasdaq notice that it is not in compliance with Listing Rule 5550(b)(1) requiring $2.5 million in stockholders' equity, having reported $1,216,603, and it also does not meet the alternative market value or net income standards. The company has 45 days (until July 10, 2026) to submit a compliance plan; trading continues on Nasdaq under ONFO with no immediate effect.
Original SEC Filing: Onfolio Holdings, Inc [ ONFO ] - 8-K - May. 29, 2026