OFAL·July 14, 2026
OFA Group Discloses Accounting Treatment for Tokenization Contract and Outlines Nasdaq Compliance Timeline
OFA Group’s annual report details that it recorded a $15 million tokenization services contract at zero value because the fair value of the noncash consideration received could not be reliably measured, while also confirming it has until December 7 to regain Nasdaq’s minimum bid price requirement.