Nightfood Holdings, Inc. (OTCQB: NGTF), operating as TechForce Robotics, has completed a 1-for-150 reverse stock split effective October 20, 2026, reducing its outstanding common shares from approximately 543.9 million to 3.6 million. The move is a strategic step to increase the company’s per-share trading price and support its efforts to meet the initial listing requirements of the Nasdaq Capital Market. Shares began trading on a split-adjusted basis under the temporary symbol NGTFD on October 20 and will revert to NGTF after 20 trading days. The split applies proportionately to all shareholders, with fractional shares rounded up to the next whole share, and does not alter the number of authorized shares.
The reverse split is significant because it directly addresses one of the most common barriers to Nasdaq uplisting: the minimum bid price requirement. By reducing the number of outstanding shares, the company aims to lift its stock price to a level that satisfies Nasdaq’s listing standards. Nightfood has already submitted a Nasdaq listing application and is working to satisfy applicable standards related to share price, public float, liquidity, shareholder distribution, and corporate governance. CEO Jimmy Chan described the split as another milestone in the company’s uplisting process, which remains subject to Nasdaq review, satisfaction of all applicable requirements, and final approval.
For investors, the reverse split is largely a mechanical adjustment—it does not change the company’s underlying value or the number of authorized shares—but it can signal a serious commitment to meeting the stricter standards of a major exchange. A Nasdaq listing would potentially enhance liquidity, broaden the investor base, and increase visibility for Nightfood’s robotics and automation business. The company, through its TechForce Robotics brand, focuses on delivering intelligent, scalable solutions for industrial and commercial applications, integrating robotics, artificial intelligence, and software-driven systems. Its subsidiary, TechForce Advanced Manufacturing, Inc., is developing semiconductor automation and inspection systems, with an initial focus on Wafer Sorter and AOI production for wafer-based semiconductor and CoWoS-related advanced-packaging applications.
The full press release can be viewed at https://ibn.fm/BOPxb, and the latest news and updates relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF. The announcement was disseminated through TechMediaWire, a specialized communications platform within the Dynamic Brand Portfolio at IBN, which provides access to wire solutions via InvestorWire and other services. As with all investments, particularly those involving reverse splits and uplisting attempts, there are risks, and the company’s Nasdaq application may not be approved. Full terms of use and disclaimers are available at https://www.TechMediaWire.com/Disclaimer.
