---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-003223"
form_type: "8-K/A"
ticker: "ONFO"
cik: "0001825452"
company_name: "Onfolio Holdings, Inc"
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T17:46:54.215145+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001654954-24-003223
- form_type: 8-K/A
- ticker: ONFO
- cik: 0001825452
- company_name: Onfolio Holdings, Inc
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825452/000165495424003223/0001654954-24-003223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825452/000165495424003223/onfo_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-003223
- JSON: https://secwatch.observer/filing/0001654954-24-003223.json
- Plain text: https://secwatch.observer/filing/0001654954-24-003223.txt

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