secwatch.observer — SEC 8-K summary
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Issuer:     Onfolio Holdings, Inc (ONFO)
CIK:        0001825452
Form:       8-K
Filed at:   2023-01-17T23:59:59+00:00
Accession:  0001654954-23-000460
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825452/000165495423000460/0001654954-23-000460-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825452/000165495423000460/onfolio_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-000460

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