Onfolio acquires Proofread Anywhere ($4.5M, $1.38M EBITDA) and SEOButler ($950k, $268k EBITDA)

Onfolio Holdings, Inc

Acquired Proofread Anywhere assets from BCP Media for $4.499M; $2.1M cash, $2.399M promissory note (3%, 1-year) plus warrant for 20k shares at $4.75.
Proofread Anywhere reported ~$1.38M adjusted EBITDA in 2021 (unaudited); operates proofreading-training websites.
Acquired all shares of SEOButler for $950k; reported ~$268k adjusted EBITDA in 2021 (unaudited); provides SEO services.
Both acquisitions closed in mid-October 2022; press release issued Oct 17.

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