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Onfolio Holdings (ONFO) Announces 1-for-50 Reverse Stock Split Effective August 10 to Regain Nasdaq Compliance
svmuu.com06/08/2026 11:19
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Onfolio Holdings (ONFO) announced it will implement a 1-for-50 reverse stock split, effective August 10, 2026, to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share. This action will reduce the company's outstanding common shares from approximately 42 million to about 850,000.
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