Nightfood Holdings Inc., which operates as TechForce Robotics, announced the completion of 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. 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 move is designed 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.
For readers in Long Beach and the surrounding region, the announcement is notable because Nightfood Holdings 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. A successful Nasdaq uplisting could enhance the company’s visibility and access to capital as it pursues growth in automation markets that are increasingly relevant to Southern California’s industrial and logistics corridors.
The corporate structure also includes 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. Those activities sit at the intersection of robotics and semiconductor equipment, two areas where regional manufacturers and supply-chain operators are watching for new automation capacity.
Investors and industry observers can view the full press release at https://ibn.fm/PLprF. The latest news and updates relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF. The announcement was distributed through AINewsWire, a specialized communications platform focused on artificial intelligence and related technologies, which operates within the Dynamic Brand Portfolio at IBN. That network provides wire solutions through InvestorWire, including editorial syndication to 5,000+ outlets and social media distribution.
The reverse split itself does not alter the number of authorized shares or the proportional ownership of shareholders, aside from rounding up fractional shares. Its significance lies in the listing pathway: Nasdaq’s initial listing standards include minimum share price and liquidity thresholds, and a higher per-share price can help a company satisfy those benchmarks. For Nightfood, the split is therefore a structural step rather than an operating change, and the uplisting remains contingent on Nasdaq review and final approval. Readers can find additional terms and disclaimers at https://www.AINewsWire.com/Disclaimer.
