As previously disclosed, the Company received a notice from Nasdaq on
In its letter dated
Nasdaq will continue to monitor the Company’s ongoing compliance. The letter specifies that the Company may be subject to delisting if it fails to evidence compliance when filing its periodic report for the year ending
There can be no assurance that
ABOUT ONFOLIO HOLDINGS
Onfolio Holdings Inc. acquires and operates online businesses in sectors including marketing, education and e-commerce. Its approach emphasizes sustainable cash generation and building long-term value. Onfolio also applies artificial intelligence to improve its businesses, create internal tools and develop products. Additional information is available at www.onfolio.com.
FORWARD-LOOKING STATEMENTS
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995,, including statements concerning Onfolio’s ability to regain and maintain compliance with Nasdaq’s listing requirements. These statements are subject to risks and uncertainties, and actual outcomes may differ materially. Relevant risks include the Company’s financial condition, its ability to satisfy Nasdaq’s requirements within the permitted period, market and economic conditions, and the risks discussed in its SEC filings, including its most recent annual and quarterly reports. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
INVESTOR CONTACT
investors@onfolio.com
Source: Onfolio Holdings Inc.