secwatch.observer — SEC 8-K summary
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Issuer:     Onfolio Holdings, Inc (ONFO)
CIK:        0001825452
Form:       8-K
Filed at:   2025-11-19T23:59:59+00:00
Accession:  0001654954-25-013270
Event type: debt
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Onfolio secures up to $300M convertible note facility; initial $6M closed to fund digital asset treasury
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- $6M initial tranche closed Nov 18, 2025; up to $300M available via 3-year convertible notes at $0.984/share.
- Proceeds: ~$2.5M to acquire/stake Bitcoin, Ethereum, Solana; $2.5M for operating growth and balance sheet.
- Notes secured by all assets; registration rights require filing within 30 days, with 2% penalty for failure.
- Additional tranches: $2M second closing in ~30 days, then up to $292M subject to conditions.
- Company aims to combine operating profits with digital asset yield as a modern public holding company model.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825452/000165495425013270/0001654954-25-013270-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825452/000165495425013270/onfo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-013270

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