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Onfolio Holdings Deploys Proceeds From Initial Tranche Of Financing And Retired ~$640K Of Seller Notes From Previous Acquisition On December 8

Benzinga·12/09/2025 13:36:20
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Onfolio Holdings Inc. (NASDAQ:ONFO, ONFOW))) (OTC:ONFOP) (the "Company" or "Onfolio"), a pioneer in pairing operating profits from digital businesses with the upside and staking yield from digital assets, announced that it has deployed proceeds from its initial tranche of financing and retired approximately $640,000 of seller notes from a previous acquisition on December 8, 2025. The Company has also begun the process to convert an additional $850,000 in seller notes into shares of the Company's common stock (the "Debt Conversion") in the coming weeks.

Upon completion of the Debt Conversion, Onfolio will clear approximately $1.5 million of debt from the balance sheet, saving the Company nearly $150,000 in annualized interest payment expenses. These actions, combined with Onfolio's recent cryptocurrency purchases, significantly strengthen the Company's financial position as it begins allocating capital to enhance its existing operating portfolio and restart its acquisition program.