ONFOP Onfolio Holdings, Inc

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Executive Summary

Onfolio Holdings received a Nasdaq delisting notice on May 26, 2026, for failing to meet the minimum $2.5M stockholders' equity requirement for continued listing on the Nasdaq Capital Market. The company reported stockholders' equity of $1,216,603 as of March 31, 2026, and also does not meet alternative listing standards. Onfolio has 45 days (until July 10, 2026) to submit a compliance plan, with a possible 180-day extension, but there is no assurance of regaining compliance.

Actionable Insight

Key Facts

• Received Nasdaq delisting notice on May 26, 2026 for non-compliance with Listing Rule 5550(b)(1) requiring minimum $2,500,000 stockholders' equity
• Reported stockholders' equity of $1,216,603 as of March 31, 2026 — approximately 49% of the required minimum
• Does not meet alternative continued listing standards of $35M market value of listed securities or $500,000 net income from continuing operations
• Has 45 calendar days (until July 10, 2026) to submit a compliance plan to Nasdaq
• If plan is accepted, Nasdaq may grant an extension of up to 180 calendar days from the notice date to evidence compliance
• No immediate effect on trading of common stock (ONFO) or warrants (ONFOW), but delisting risk is material

Financial Impact

Stockholders' equity deficiency of approximately $1.28M below the $2.5M minimum threshold

Risk Factors

• Compliance plan may be rejected by Nasdaq, triggering delisting proceedings
• Even if plan is accepted, company may fail to regain compliance within the extension period
• Potential need for dilutive capital raise or reverse stock split to boost equity
• Delisting would reduce liquidity, institutional ownership, and access to capital markets

Market Snapshot

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

US Market Status

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