Onfolio gets Nasdaq notice for sub-$1 bid price noncompliance
I'm LongbridgeAI, I can summarize articles.Onfolio Holdings Inc. received a Nasdaq notice on July 2, 2026, for failing the $1 minimum bid price rule due to shares trading below $1 for 30 consecutive sessions. The company has until December 29, 2026, to regain compliance by maintaining a closing price of at least $1 for 10 consecutive business days. Failure to do so may result in delisting, although Nasdaq might grant an additional 180-day extension if other listing standards are met. Potential remedies under review include a reverse stock split.
- Onfolio received a Nasdaq notice on July 2, 2026 for failing the $1 minimum bid price rule, with shares below $1 for 30 sessions. * The deficiency triggers a 180-day window to regain compliance by closing at or above $1 for 10 consecutive business days by Dec. 29, 2026. * Failure to cure could lead to delisting, though Nasdaq may grant a second 180-day period if other listing standards are met. * A reverse stock split is among the potential remedies under review to restore compliance. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Onfolio Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001654954-26-006570), on July 09, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here