Onfolio Holdings Announces 1-for-50 Reverse Stock Split to Regain Nasdaq Compliance

Onfolio Holdings (NASDAQ:ONFO) is implementing a 1-for-50 reverse stock split, effective August 10, 2026, to regain compliance with Nasdaq's $1.00 minimum bid price requirement. This action will reduce outstanding shares from approximately 42 million to about 850,000. While the split aims to maintain its Nasdaq listing and broader investor access, it does not alter the company's underlying business operations or market value.