Latest Onfolio News & Updates

See the latest news and media coverage for Onfolio. We track all announcements, press releases, and industry mentions in real time, all in one place.

Company icon
Onfolio

Publicly traded holding company for online businesses

onfolio.com
Headquarters
Dover, United States
Founded year
2019
Company type
Private company
Number of employees
15–50
Industry
Investment Holding Companies

Last updated

Latest news about Onfolio

In short: Onfolio implemented a 1-for-50 reverse stock split and terminated a strategic deal with Paramount Helium to focus on core acquisitions.

Company announcements

Onfolio

Onfolio terminates LOI with Paramount Helium for strategic transaction

Both parties ended the deal because closing conditions like capital raising were not met. Onfolio will now pursue other value-creating opportunities for shareholders.

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Media coverage

Yahoo Finance

Onfolio Holdings Announces 1-For-50 Reverse Stock Split To Regain Nasdaq Compliance; Reducing Float To Approximately 850,000 Shares

Inc. (Nasdaq: ONFO, ONFOW) (OTC: ONFOP), an owner-operator of cash-generative online businesses, today announced that it will effect a 1-For-50 Reverse Stock Split (the "Reverse...

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