Nightfood Holdings launches 1-for-150 reverse stock split to support Nasdaq listing requirements

• Nightfood Holdings (NGTFD) said on Tuesday that it launched a 1-for-150 reverse stock split of all issued and outstanding shares of its common stock with a par value $0.001 per share.
• The company also said that it has submitted an application to list its common stock on the Nasdaq Capital Market and continues to advance through Nasdaq’s review process and was working to demonstrate compliance with all relevant initial listing standards.
• The reverse stock split reduced the number of issued and outstanding shares of Nightfood's common stock from nearly 543,899,213 to about 3,625,995, the company added.
• The number of authorized shares of common stock did not change as a result of the stock split.
• The common stock began trading on a split-adjusted basis on the OTC Pink market at market open on October 20, 2026.
• For 20 trading days following the effective time, the common stock will trade under the temporary symbol NGTFD, after which its trading symbol will change to NGTF, the company stated.
• Source: Press Release

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