secwatch.observer — SEC 8-K summary
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Issuer:     Onfolio Holdings, Inc (ONFO)
CIK:        0001825452
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001654954-22-014288
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825452/000165495422014288/0001654954-22-014288-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825452/000165495422014288/onfolio_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-014288

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