Nightfood Holdings (OTCQB: NGTF), doing business as TechForce Robotics, announced the completion of a 1-for-150 reverse stock split effective Oct. 20, 2026. The move reduces the company’s outstanding common shares from approximately 543.9 million to 3.6 million, a change that materially alters the company’s capital structure as it pursues a senior exchange listing.
The company’s shares began trading on a split-adjusted basis under the temporary symbol NGTFD on Oct. 20 and will revert to NGTF after 20 trading days. According to the announcement, the reverse split applies proportionately to all shareholders, with fractional shares rounded up to the next whole share, and it does not change the number of authorized shares. Those mechanics matter to existing holders because they preserve relative ownership while consolidating the share count.
The stated purpose of the split is to increase the per-share trading price and support Nightfood’s efforts to meet the initial listing requirements of the Nasdaq Capital Market. The company has submitted a Nasdaq listing application and is working to satisfy applicable standards related to share price, public float, liquidity, shareholder distribution and corporate governance. For investors, the split is therefore best understood as one step in a broader compliance process rather than a guarantee of approval.
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. That caveat is significant: completion of the reverse split does not by itself ensure that Nightfood will be approved for Nasdaq listing, and the company continues to face conditions outside the split itself.
Nightfood Holdings, doing business as TechForce Robotics, is an advanced robotics and automation company focused on delivering intelligent, scalable solutions for industrial and commercial applications. The company integrates robotics, artificial intelligence and software-driven systems to optimize operations, improve efficiency and enable next-generation automation, and it partners with organizations to design and deploy customized robotic solutions that address evolving operational requirements. The business profile gives readers a reason to watch the uplisting effort beyond the share-count mechanics: a successful Nasdaq listing could affect the company’s visibility and access to capital markets.
Separately, TechForce Advanced Manufacturing, Inc. is a Nevada corporation formed to develop, manufacture, commercialize, install and support semiconductor automation and inspection systems. Its initial focus is expanding Wafer Sorter and AOI production for wafer-based semiconductor and CoWoS-related advanced-packaging applications, while pursuing future applications supporting emerging Chip-on-Panel-on-Substrate manufacturing processes.
For those tracking the company, the latest news and updates relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF, and the full press release can be viewed at https://ibn.fm/BOPxb. The announcement was distributed through TechMediaWire, a communications platform focused on technology companies that operates within the Dynamic Brand Portfolio at IBN. TechMediaWire notes that its offerings include wire solutions through InvestorWire, editorial syndication to 5,000+ outlets, press release enhancement, social media distribution and corporate communications solutions. Full terms of use and disclaimers are available at https://www.TechMediaWire.com/Disclaimer.
