---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-000460"
form_type: "8-K"
ticker: "ONFO"
cik: "0001825452"
company_name: "Onfolio Holdings, Inc"
filed_at: "2023-01-17T23:59:59+00:00"
generated_at: "2026-06-20T14:52:43.631042+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Onfolio acquires Contentellect for $850K cash; target had $342K adjusted EBITDA

## Summary
- Asset purchase price of $850,000 payable in cash at closing.
- Contentellect reported $342,000 of adjusted EBITDA in 2022 (unaudited).
- Acquisition expected to close within two weeks of announcement.
- Target provides content writing, link building, social media marketing, and virtual assistant services.
- Deal expands Onfolio's SEO service portfolio; pipeline of M&A opportunities remains robust.

## SEC filing metadata
- accession: 0001654954-23-000460
- form_type: 8-K
- ticker: ONFO
- cik: 0001825452
- company_name: Onfolio Holdings, Inc
- filed_at: 2023-01-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825452/000165495423000460/0001654954-23-000460-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825452/000165495423000460/onfolio_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-000460
- JSON: https://secwatch.observer/filing/0001654954-23-000460.json
- Plain text: https://secwatch.observer/filing/0001654954-23-000460.txt

## Key facts
- Material Agreements
  Onfolio Holdings, Inc entered into Asset Purchase Agreement with Contentellect Limited valued at Eight Hundred and Fifty Thousand US Dollars ($850,000) (effective 2023-01-13).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Contentellect Limited
  - Value: Eight Hundred and Fifty Thousand US Dollars ($850,000)
  - Effective: 2023-01-13
  source text: On January 13, 2023, Onfolio Assets LLC, Onfolio Holdings Inc.’s (the “ Company ”) wholly owned subsidiary entered into an Asset Purchase Agreement (“ Asset Purchase Agreemen t”) with Contentellect Limited (“ Contentellect ”), a Guernsey limited liability company, and Mark Whitman, the sole owner of Contentellect.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825452/000165495423000460/0001654954-23-000460-index.htm

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