WILMINGTON, DE — Onfolio Holdings, Inc. (Nasdaq: ONFO, ONFOW; OTC: ONFOP) has regained compliance with The Nasdaq Stock Market LLC listing requirements after its shares met the minimum bid price threshold, resolving a prior deficiency.
Nasdaq confirmed the company now complies with Listing Rule 5550(a)(2), which requires a minimum closing bid price of $1.00 per share. The company’s stock closed at or above that level for at least 10 consecutive business days, satisfying the requirement.
The exchange had previously notified Onfolio that its shares fell below the minimum bid price standard. Nasdaq has since closed the matter.
“Maintaining our Nasdaq listing is foundational to everything we’re building,” Chief Executive Officer Dominic Wells said. He added that the company plans to continue executing its acquisition and growth strategy following the compliance milestone.
Onfolio acquires and operates online businesses across sectors including marketing, education, and e-commerce, with a focus on cash flow generation and long-term value.
Support the local news that supports Chester County. MyChesCo delivers reliable, fact-based reporting and essential community resources—free for everyone. If you value that, click here to become a patron today.