Nightfood Holdings Inc., which operates as TechForce Robotics, has completed a 1-for-150 reverse stock split effective Oct. 20, 2026, the company announced. The move reduces outstanding common shares from roughly 543.9 million to 3.6 million and is intended to lift the per-share trading price as the company pursues a listing on the Nasdaq Capital Market.
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. Shares began trading on a split-adjusted basis under the temporary ticker NGTFD on Oct. 20 and will revert to NGTF after 20 trading days. For investors, the change is largely mechanical, but the higher share price could affect how the stock is screened and traded.
The development matters because it marks a concrete step in the company’s effort to meet Nasdaq’s initial listing standards, which cover share price, public float, liquidity, shareholder distribution and corporate governance. Nightfood has submitted a listing application and is working to satisfy those requirements. CEO Jimmy Chan called the split another milestone in the uplisting process, which remains subject to Nasdaq review, satisfaction of all applicable requirements and final approval.
If successful, a Nasdaq listing could broaden the company’s investor base and improve liquidity, though there is no guarantee the application will be approved. Nightfood, which recently announced a focus on advanced robotics and automation, is also developing semiconductor automation and inspection systems through TechForce Advanced Manufacturing. The company said its initial focus includes expanding Wafer Sorter and AOI production for wafer-based semiconductor and CoWoS-related advanced-packaging applications, with future applications tied to emerging Chip-on-Panel-on-Substrate manufacturing.
For readers and industry observers, the split and listing effort signal that smaller technology firms are seeking greater visibility in public markets, even as they work to meet stricter exchange standards. The full press release is available 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. Additional information about Nightfood Holdings (OTCQB: NGTF) is available through TechMediaWire, a communications platform within the Dynamic Brand Portfolio at IBN. The platform provides wire solutions through InvestorWire and editorial syndication to 5,000+ outlets, along with press release enhancement and social media distribution. Terms of use and disclaimers are available at https://www.TechMediaWire.com/Disclaimer.
