---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-26-006537"
form_type: "8-K"
ticker: "ONFO"
cik: "0001825452"
company_name: "Onfolio Holdings, Inc"
filed_at: "2026-07-08T12:50:30+00:00"
generated_at: "2026-07-08T12:55:22.665886+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Onfolio enters binding LOI to acquire Paramount Helium; targets $3B helium resource, ticker to PRMT

## Summary
- Issues convertible preferred stock convertible into 50M common shares (subject to stockholder approval) to acquire Paramount Helium.
- Requires at least $11.3M in equity funding; closing targeted by July 24, 2026.
- Company to change name to Paramount Helium Corporation and ticker to PRMT; new CEO Steven Looper.
- Resource estimated at 20B cubic feet of helium (~$3B value) and includes helium-3 for quantum computing.
- New board includes David Hobbs (Executive Chairman), Steven Looper (CEO), Adam Trainor (CFO).

## SEC filing metadata
- accession: 0001654954-26-006537
- form_type: 8-K
- ticker: ONFO
- cik: 0001825452
- company_name: Onfolio Holdings, Inc
- filed_at: 2026-07-08T12:50:30+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825452/000165495426006537/0001654954-26-006537-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825452/000165495426006537/onfo_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-26-006537
- JSON: https://secwatch.observer/filing/0001654954-26-006537.json
- Plain text: https://secwatch.observer/filing/0001654954-26-006537.txt

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