secwatch.observer — SEC 8-K summary
======================================

Issuer:     Onfolio Holdings, Inc (ONFO)
CIK:        0001825452
Form:       8-K
Filed at:   2026-04-10T23:59:59+00:00
Accession:  0001654954-26-003389
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Onfolio stockholders approve reverse stock split, authorized share increase, and note conversion issuance
--------------------------------------------------------------------------------

- Approved reverse stock split ratio range of 1-for-5 to 1-for-50, effective within one year at Board's discretion.
- Approved issuance of >19.99% of outstanding common stock upon conversion of November 2025 convertible notes at a floor price below Nasdaq minimum.
- Approved increase in authorized common shares from 50M to 300M to support future financing and conversions.
- Adjournment proposal also passed with 95.17% of votes cast in favor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825452/000165495426003389/0001654954-26-003389-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825452/000165495426003389/onfo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-26-003389

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