Announcement • Aug 16
Onfolio Holdings, Inc. announced delayed 10-Q filing On 08/14/2026, Onfolio Holdings, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • Jul 09
Onfolio Holdings, Inc. (NasdaqCM:ONFO) entered into a binding letter of intent to acquire Paramount Helium, LLC. Onfolio Holdings, Inc. (NasdaqCM:ONFO) entered into a binding letter of intent to acquire Paramount Helium, LLC on July 7, 2026. The consideration consists of common equity of Onfolio Holdings, Inc. to be issued for common equity and convertible preferred equity of Onfolio Holdings, Inc. to be issued for common equity of Paramount Helium, LLC. At or promptly following the Definitive Closing, Onfolio Holdings will (i) change its name to Paramount Helium Corporation, (ii) change its ticker symbol on the Nasdaq Capital Market to PRMT, and (iii) take all necessary corporate and exchange actions to give effect to the foregoing.
The transaction is subject to financial audit of target, approval by regulatory board / committee and consummation of due diligence investigation. The expected completion of the transaction is July 24, 2026.
Lucosky Brookman LLP acted as legal advisor for Onfolio Holdings, Inc. K&L Gates LLP acted as legal advisor for Paramount Helium, LLC. New Risk • Jun 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 30% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (39% average weekly change). Earnings have declined by 3.0% per year over the past 5 years. Market cap is less than US$10m (US$1.67m market cap). Minor Risk Shareholders have been diluted in the past year (30% increase in shares outstanding).