Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Onfolio Holdings, Inc completed an acquisition involving Contentellect Limited for $850,000 (closed 2023-02-01).
- Action
- acquisition
- Counterparty
- Contentellect Limited
- Consideration
- $850,000
- Closing
- 2023-02-01
Exact text from the filing
The Asset Purchase Agreement closed on February 1, 2023. Pursuant to the Asset Purchase Agreement, and on the terms and conditions contained therein, at the closing, the Company purchased the Acquired Assets from Contentellect, all as more fully described in the Asset Purchase Agreement. The aggregate purchase price for the Acquired Assets of Eight Hundred and Fifty Thousand US Dollars ($850,000) was paid in cash at the closing.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Onfolio Holdings, Inc entered into Asset Purchase Agreement with Contentellect Limited and Mark Whitman valued at $850,000 (effective 2023-01-13).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Contentellect Limited and Mark Whitman
- Value
- $850,000
- Effective
- 2023-01-13
Exact text from the filing
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, for the purchase of substantially all of Contentellect’s assets
View on SEC.gov