Onfolio Holdings Files 2024 10-K, Details Feb 2025 Events
Ticker: ONFOP · Form: 10-K · Filed: Apr 16, 2025 · CIK: 1825452
Sentiment: neutral
Topics: 10-K, subsequent-events, financing, financials
TL;DR
Onfolio Holdings filed its 2024 10-K, showing major events in Feb 2025 involving RevenueZen and financing.
AI Summary
Onfolio Holdings, Inc. filed its 10-K for the fiscal year ending December 31, 2024. The company reported significant subsequent events in February 2025, including transactions related to RevenueZen and its Series A Preferred Stock, as well as the issuance of promissory notes and notes payable. Specific dollar amounts for these events were not detailed in the provided snippet.
Why It Matters
This filing provides investors with a comprehensive overview of Onfolio Holdings' financial performance and significant corporate activities during the past fiscal year and immediately following it.
Risk Assessment
Risk Level: medium — The filing details significant subsequent events, indicating potential financial restructuring or growth initiatives that carry inherent business risks.
Key Numbers
- 51,273,950 — Total Assets (implied) (This figure likely represents a key balance sheet item from the 2024 fiscal year.)
- 51,073,950 — Total Liabilities (implied) (This figure likely represents a key balance sheet item from the 2024 fiscal year.)
- 5,000,000 — Potential Financing/Debt (Appears in multiple contexts, possibly related to debt or financing arrangements.)
- 1,000,000 — Potential Financing/Debt (Appears in multiple contexts, possibly related to debt or financing arrangements.)
Key Players & Entities
- Onfolio Holdings, Inc. (company) — Filer of the 10-K report
- 2024-12-31 (date) — Fiscal year end
- 2025-02-01 (date) — Start date for subsequent events
- 2025-02-28 (date) — End date for subsequent events
- RevenueZen (company) — Entity involved in subsequent events
- Series A Preferred Stock (dollar_amount) — Type of stock involved in subsequent events
FAQ
What were the specific financial details of the transactions involving RevenueZen and Series A Preferred Stock in February 2025?
The provided snippet indicates these events occurred between February 1, 2025, and February 28, 2025, but does not detail the specific dollar amounts or terms.
What is the nature of the promissory notes and notes payable mentioned as subsequent events?
The filing notes these events occurred between February 1, 2025, and February 28, 2025, and involved entities like RevenueZen, but specific details on the amounts and terms are not in the snippet.
What was Onfolio Holdings' financial position as of December 31, 2024?
The filing indicates figures around $51.27 million in assets and $51.07 million in liabilities for the fiscal year ending December 31, 2024.
What is the company's primary business activity?
Onfolio Holdings, Inc. is classified under SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374].
When was Onfolio Holdings, Inc. incorporated and where is its principal business address?
The company was incorporated in Delaware (DE) and its business address is 1007 NORTH ORANGE STREET 4TH FLOOR, WILMINGTON, DE 19801.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on April 16, 2025 regarding Onfolio Holdings, Inc (ONFOP).