Nightfood Holdings Inc., which operates as TechForce Robotics, has completed a 1-for-150 reverse stock split effective Oct. 20, 2026, reducing its outstanding common shares from approximately 543.9 million to 3.6 million, according to a company announcement. The move is intended to increase the per-share trading price and support the company’s efforts to meet the initial listing requirements of the Nasdaq Capital Market.
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. For Long Beach and surrounding area readers, the development is a notable step for a company whose robotics and automation ambitions could influence the regional technology and advanced manufacturing landscape.
Nightfood 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 full press release is available at https://ibn.fm/BOPxb, and the latest news and updates relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF.
The reverse split matters because a higher per-share price is often a prerequisite for companies seeking to list on major exchanges. A successful Nasdaq uplist could improve visibility among institutional investors, potentially enhancing liquidity and access to capital. For Nightfood Holdings, doing business as TechForce Robotics, those resources could support its work in advanced robotics and automation 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.
The announcement was distributed through TechMediaWire, a specialized communications platform focused on pioneering public and private companies driving the future of technology. TechMediaWire is one of more than 75 brands within the Dynamic Brand Portfolio at IBN, which provides wire solutions through InvestorWire, editorial syndication to more than 5,000 outlets, press release enhancement, social media distribution and tailored corporate communications solutions. Investors and industry observers in the Long Beach area and beyond will be watching whether Nightfood’s split-adjusted share price and governance profile satisfy Nasdaq’s standards, and whether the company’s robotics and semiconductor automation initiatives gain traction in the competitive advanced manufacturing sector.
