Onfolio Holdings Inc. filed a Form 8-K on November 6, 2026, reporting the voting results from a Special Meeting of Stockholders held on November 5, 2026, at which stockholders approved discretionary authority for the board to execute a reverse stock split of up to one-for-two hundred fifty.

Key Highlights

  • Reverse split approved: Stockholders granted the board discretionary authority to effect one or more reverse stock splits at a ratio of up to 1-for-250, to be determined in the board's sole discretion.
  • Quorum reached: 907,115 shares were present or represented by proxy, representing approximately 36.30% of the 2,499,248 shares outstanding as of the September 23, 2026 record date.
  • Reverse split vote: 687,398 shares voted for, 208,687 against, and 11,030 abstained, with no broker non-votes.
  • Adjournment proposal also passed: 731,804 shares voted for, 158,792 against, and 16,517 abstained on a proposal to adjourn the meeting if needed to solicit additional proxies.
  • Emerging growth company: Onfolio Holdings is classified as an emerging growth company under applicable SEC rules, according to the filing.

Special Meeting Results: Reverse Split Authority and Adjournment Vote

According to the Form 8-K filed by Onfolio Holdings Inc. (NASDAQ:ONFO), a Special Meeting of Stockholders was held virtually on November 5, 2026. The filing states that 907,115 shares of common stock, par value $0.001 per share, were present or represented by proxy, constituting a quorum of approximately 36.30% of the 2,499,248 shares outstanding as of the record date of September 23, 2026.

The first matter put to a vote was the Reverse Stock Splits Proposal, which sought stockholder approval to grant the board discretionary authority to amend the company's certificate of incorporation to effect one or more reverse stock splits at a ratio of up to one-for-two hundred fifty (1-for-250). The filing reports that 687,398 shares voted in favor, 208,687 voted against, and 11,030 abstained. The proposal was approved. The filing specifies the final ratio would be determined in the board's "sole discretion."

The second matter was the Adjournment Proposal, which would have allowed the meeting to be adjourned if sufficient votes were not present to approve the Reverse Stock Splits Proposal. According to the filing, 731,804 shares voted for adjournment, 158,792 voted against, and 16,517 abstained. This proposal was also approved. The 8-K was signed by Dominic Wells, Chief Executive Officer, on November 6, 2026.

What Was Disclosed

Onfolio Holdings disclosed the voting outcomes from its November 5, 2026 Special Meeting, confirming stockholder approval of board authority to implement a reverse stock split at a ratio of up to 1-for-250, as well as approval of a related adjournment proposal.