Nightfood Holdings Inc. (OTCQB: NGTF), doing business as TechForce Robotics, announced the completion of a 1-for-150 reverse stock split effective Oct. 20, 2026. The move reduced the company’s outstanding common shares from approximately 543.9 million to 3.6 million, according to the announcement.
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. The reverse split applies proportionately to all shareholders, with fractional shares rounded up to the next whole share, and does not change the number of authorized shares.
The reverse split is intended 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.
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. The completion of the split does not guarantee that Nasdaq will approve the listing application.
The announcement matters for investors and market watchers because a Nasdaq uplisting could improve liquidity, visibility and access to a broader base of institutional and retail investors. However, the reverse split itself does not change the company’s authorized shares or its fundamental business operations. Shareholders should note the temporary ticker change to NGTFD and the subsequent return to NGTF after 20 trading days.
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.
The company also operates TechForce Advanced Manufacturing Inc., 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 investors seeking the latest news and updates relating to NGTF, the company maintains a newsroom at http://ibn.fm/NGTF. The full press release can be viewed at https://ibn.fm/PLprF. The announcement was distributed through AINewsWire, a specialized communications platform focused on artificial intelligence developments, which is part of the Dynamic Brand Portfolio at IBN. The platform provides wire solutions via InvestorWire and offers editorial syndication to 5,000+ outlets, among other services. For more information, visit www.AINewsWire.com.
