---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-014288"
form_type: "8-K"
ticker: "ONFO"
cik: "0001825452"
company_name: "Onfolio Holdings, Inc"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-23T00:10:37.231761+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Onfolio Holdings closes acquisition of BWPS for $1.35M total consideration

## Summary
- Acquisition of Prevent Direct Access and Password Protect WordPress plugins completed October 25, 2022.
- Total purchase price: $1.25M cash at closing, $40K promissory note, up to $60K earn-out.
- BWPS reported ~$379K adjusted EBITDA in 2021 (unaudited).
- Business provides file and password protection plugins for WordPress sites.

## SEC filing metadata
- accession: 0001654954-22-014288
- form_type: 8-K
- ticker: ONFO
- cik: 0001825452
- company_name: Onfolio Holdings, Inc
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825452/000165495422014288/0001654954-22-014288-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825452/000165495422014288/onfolio_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-014288
- JSON: https://secwatch.observer/filing/0001654954-22-014288.json
- Plain text: https://secwatch.observer/filing/0001654954-22-014288.txt

## Key facts
- M&A Transactions
  Onfolio Holdings, Inc completed an acquisition involving Hoang Huu Thinh for $1,250,000 paid in cash at the closing and $40,000.00 paid via a promissory note (closed 2022-10-25).
  - Action: acquisition
  - Counterparty: Hoang Huu Thinh
  - Consideration: $1,250,000 paid in cash at the closing and $40,000.00 paid via a promissory note
  - Closing: 2022-10-25
  source text: to sell to Onfolio, LLC the BWPS Business, all as more fully described in the Asset Purchase Agreement. The aggregate purchase price for the BWPS Business is as follows: (i) $1,250,000 paid in cash at the closing and $40,000.00 paid via a promissory note to be made by Onfolio, LLC payable to Thinh after the performance of certain obligations by Thinh and others
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825452/000165495422014288/0001654954-22-014288-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.