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Onfolio Holdings, Inc. got a warning from Nasdaq about not meeting listing rules and may change its stock status.

TroubleRead the original at SEC EDGAR
Bad for ONFO

Onfolio still has not met Nasdaq's stockholders' equity rule or either backup standard. The extension postpones possible delisting, but missing the November 23 deadline could put its Nasdaq listing at risk.

ONFO · Onfolio Holdings, Inc.

AI read · Bad for ONFO

The AI's read

The extra time gives Onfolio a chance to keep its Nasdaq listing, and trading is unaffected for now. But it has not met the equity test or either backup standard. Missing the deadline could start delisting steps, so the risk outweighs the extension.

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