Onfolio completes $1.33M acquisition of RevenueZen; 2023 revenue $1.41M, net loss $121k

Onfolio Holdings, Inc

Total consideration $1.332M: $240k cash, $425k preferred shares, $440k 11% note due 2025, up to $227k earn-out.
RevenueZen audited 2023 revenue $1.414M, net loss $121k; 2022 revenue $2.667M, net income $375k.
Founders received 12% equity in new subsidiary and 270k options at $0.51 per share strike.
RevenueZen members' equity fell to $76k at Dec 31, 2023 from $444k in 2022 due to losses and distributions.
Unaudited pro forma combined financials included as if acquisition occurred on Sep 30, 2023 and Oct 1, 2022.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.