---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-001296"
form_type: "8-K"
ticker: "ONFO"
cik: "0001825452"
company_name: "Onfolio Holdings, Inc"
filed_at: "2023-02-06T23:59:59+00:00"
generated_at: "2026-06-20T00:21:00.051830+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Onfolio Holdings completes acquisition of Contentellect for $850K in cash

## Summary
- Acquired substantially all assets of Contentellect Limited for $850,000 cash at closing on February 1, 2023.
- Contentellect provides content writing, link building, social media marketing, and virtual assistant services to 875+ businesses and 65+ agencies.
- Contentellect reported $340,000 of adjusted EBITDA on an unaudited basis for 2022.
- Onfolio CEO cites attractive growth opportunities and potential with AI technology in content marketing.

## SEC filing metadata
- accession: 0001654954-23-001296
- form_type: 8-K
- ticker: ONFO
- cik: 0001825452
- company_name: Onfolio Holdings, Inc
- filed_at: 2023-02-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825452/000165495423001296/0001654954-23-001296-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825452/000165495423001296/onfolio_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-001296
- JSON: https://secwatch.observer/filing/0001654954-23-001296.json
- Plain text: https://secwatch.observer/filing/0001654954-23-001296.txt

## Key facts
- M&A Transactions
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825452/000165495423001296/0001654954-23-001296-index.htm
- Material Agreements
  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
  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, for the purchase of substantially all of Contentellect’s assets
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825452/000165495423001296/0001654954-23-001296-index.htm

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