Nightfood Holdings (OTCQB: NGTF), now operating as TechForce Robotics, has completed a 1-for-150 reverse stock split, the company announced. The split took effect on Oct. 20, 2026, and reduced 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 symbol NGTFD on that date 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. It does not change the number of authorized shares. The primary purpose 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 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 move signals a concerted push toward a major exchange listing, which could enhance liquidity and visibility if approved. However, the uplisting is not guaranteed, and the company must still clear multiple regulatory hurdles.
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. TechForce Robotics partners with organizations to design and deploy customized robotic solutions that address evolving operational requirements.
Additionally, TechForce Advanced Manufacturing, Inc., a Nevada corporation, was 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 (CoPoS) manufacturing processes. The reverse split and Nasdaq application come as the company seeks to position itself in the growing automation and semiconductor equipment markets.
The latest news and updates relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF. The full press release can be viewed at https://ibn.fm/PLprF. This announcement was distributed through AINewsWire, a specialized communications platform focused on artificial intelligence and related technologies, which is part of the Dynamic Brand Portfolio at IBN. IBN provides wire solutions via InvestorWire and offers editorial syndication to 5,000+ outlets, among other services. For more information, visit www.AINewsWire.com. Please see full terms of use and disclaimers on the AINewsWire website applicable to all content provided by AINW, wherever published or re-published: https://www.AINewsWire.com/Disclaimer.
