Curated News
By: NewsRamp Editorial Staff
October 20, 2026
Nightfood Holdings Completes 1-for-150 Reverse Split in Nasdaq Uplisting Bid
TLDR
- Nightfood Holdings completed a 1-for-150 reverse split to raise its share price and advance its Nasdaq uplisting bid, a potential edge for investors.
- Nightfood Holdings cut outstanding shares from 543.9 million to 3.6 million via a 1-for-150 reverse split, trading as NGTFD for 20 days.
- Nightfood Holdings aims to meet Nasdaq listing standards, which could boost visibility and support its robotics and automation solutions for broader benefit.
- Nightfood Holdings, now TechForce Robotics, executed a 1-for-150 reverse split, reducing shares to 3.6 million and temporarily changing its ticker to NGTFD.
Impact - Why it Matters
The reverse split is a critical step for Nightfood Holdings as it seeks to uplist to the Nasdaq Capital Market, a move that could enhance liquidity, attract institutional investors, and increase visibility. For current shareholders, the split reduces the number of shares but aims to raise the stock price, potentially making it more appealing to a broader investor base. If the Nasdaq application is approved, the company could gain greater access to capital to advance its robotics and semiconductor automation initiatives, including its Wafer Sorter and AOI production for advanced packaging. However, the uplisting is not guaranteed and remains subject to Nasdaq approval, so investors should watch for further developments. This news matters because it signals the company’s ambition to transition from the OTC market to a major exchange, which could fundamentally change its growth trajectory and investment profile.
Summary
Nightfood Holdings (OTCQB: NGTF), doing business as TechForce Robotics, has completed a 1-for-150 reverse stock split effective October 20, 2026. The move drastically reduces the company’s outstanding common shares from approximately 543.9 million to 3.6 million. Shares began trading on a split-adjusted basis under the temporary ticker NGTFD on October 20 and will revert to NGTF after 20 trading days. The reverse 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 designed to boost the per-share trading price and help Nightfood meet the initial listing requirements of the Nasdaq Capital Market. The company has submitted a Nasdaq listing application and is working to satisfy standards related to share price, public float, liquidity, shareholder distribution, and corporate governance. CEO Jimmy Chan called the split “another milestone” in the company’s uplisting process, which remains subject to Nasdaq review, satisfaction of all applicable requirements, and final approval. For full details, see the press release.
Nightfood Holdings, now operating as TechForce Robotics, focuses on advanced robotics and automation solutions for industrial and commercial applications, integrating robotics, artificial intelligence, and software-driven systems. Its subsidiary, TechForce Advanced Manufacturing, Inc., was formed to develop, manufacture, and support semiconductor automation and inspection systems, initially targeting Wafer Sorter and AOI production for wafer-based semiconductor and CoWoS-related advanced-packaging applications, with future plans for Chip-on-Panel-on-Substrate (CoPoS) manufacturing. Investors can find the latest updates in the company’s newsroom. The announcement was distributed via TechMediaWire, a specialized communications platform and part of the Dynamic Brand Portfolio @ IBN, which offers wire solutions via InvestorWire, editorial syndication to 5,000+ outlets, press release enhancement, social media distribution, and corporate communications solutions.
Source Statement
This curated news summary relied on content distributed by InvestorBrandNetwork (IBN). Read the original source here, Nightfood Holdings Completes 1-for-150 Reverse Split in Nasdaq Uplisting Bid
