secwatch.observer — SEC 8-K summary
======================================

Issuer:     Onfolio Holdings, Inc (ONFO)
CIK:        0001825452
Form:       8-K
Filed at:   2022-08-30T23:59:59+00:00
Accession:  0001654954-22-011970
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Onfolio Holdings prices and closes $13.7M initial public offering on Nasdaq
---------------------------------------------------------------------------

- Offered 2,753,750 units at $5.00/unit; each unit = one share of common stock and two warrants.
- Gross proceeds of ~$13.7M; net proceeds of ~$12.1M after underwriting discounts and expenses.
- Underwriter EF Hutton partially exercised over-allotment, purchasing 609,750 additional warrants for $6,097.50.
- Common stock and warrants began trading on Nasdaq August 26, 2022 under symbols ONFO and ONFOW.
- Five-year warrants exercisable at $5.00 per share; underwriter warrants issued at $5.50 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825452/000165495422011970/0001654954-22-011970-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825452/000165495422011970/onfolio_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-011970

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer