Onfolio to Implement 1-For-50 Reverse Stock Split-September 2024-www.financetom.com

Onfolio to Implement 1-For-50 Reverse Stock Split

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Onfolio to Implement 1-For-50 Reverse Stock Split

Aug 6, 2026 8:25 AM

10:46 AM EDT, 08/06/2026 (MT Newswires) -- Onfolio ( ONFO ) said Thursday it will implement a 1-for-50 reverse stock split to raise its share price above $1 and regain compliance with Nasdaq's minimum bid price requirement.

The reverse stock split will become effective on Monday, the company said.

Onfolio ( ONFO ) shares were down nearly 27% in Thursday trading.

Price: 0.05, Change: -0.02, Percent Change: -26.86

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