OFA Group receives second 180-day NASDAQ compliance period for bid price
OFA Group (NASDAQ: OFAL) received an additional 180-calendar-day period through December 7, 2026, to regain compliance with NASDAQ's minimum $1.00 bid price per share requirement, according to a company announcement.
The NASDAQ Listing Qualifications Department granted the extension after determining that OFA Group meets all other continued listing requirements for the NASDAQ Capital Market, with the bid price being the sole exception. The company provided written notice to NASDAQ of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split if necessary.
OFA Group was initially notified on December 11, 2025, that its Class A ordinary shares had closed below $1.00 per share for 30 consecutive business days. The company received an initial 180-day compliance period that expired on June 9, 2026.
To regain compliance, the closing bid price of the company's Class A ordinary shares must reach at least $1.00 per share for a minimum of 10 consecutive business days before December 7, 2026.
The notification does not immediately affect the listing or trading of the company's shares, which continue to trade on the NASDAQ Capital Market under the symbol "OFAL." The company stated it intends to monitor the bid price of its shares and will take necessary actions to regain compliance within the second compliance period.
OFA Group operates as an integrated architecture and technology company with operations in architectural design, design technology, and real-world asset tokenization. The company is headquartered in Los Angeles and operates across North America, Europe, and Asia.
