Onfolio Holdings Faces Nasdaq Delisting Risk Over Low Share Price
Onfolio Holdings Inc. has been notified by NASDAQ that its stock has closed below the $1.00 minimum bid price for 33 consecutive business days, violating NASDAQ Listing Rule 5550(a)(2). The company has until July 6, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive days. If not achieved, Onfolio may qualify for an additional 180 days to cure the deficiency, potentially through a reverse stock split, or face delisting from NASDAQ.