secwatch.observer — SEC 8-K summary
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Issuer:     Onfolio Holdings, Inc (ONFO)
CIK:        0001825452
Form:       8-K
Filed at:   2022-10-07T23:59:59+00:00
Accession:  0001654954-22-013517
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Onfolio acquires BWPS (~$1.49M) and SEOButler ($950K) in two separate deals
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- Total consideration for BWPS: $1.29M cash at close, $40K promissory note, up to $159.5K earn-out.
- SEOButler acquired via share purchase for $950K cash from i2W Ltd.
- BWPS reported ~$379K adjusted EBITDA in 2021; SEOButler ~$268K.
- Both acquisitions align with strategy of acquiring profitable niche online businesses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825452/000165495422013517/0001654954-22-013517-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825452/000165495422013517/onfolio_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-013517

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