Onfolio ends helium deal, refocuses on online business acquisitions
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Onfolio Holdings Outlines Path Forward: Core Acquisitions, Nasdaq Compliance, and Portfolio Cash Flow
July 23, 2026 9:00 AM EDTNew shareholder update details why the Company evaluated the Paramount Helium transaction, why it walked away, and what the next 90 days should show
WILMINGTON, Del., July 23, 2026 (GLOBE NEWSWIRE) -- Onfolio Holdings, Inc. (Nasdaq: ONFO, ONFOW) (OTC: ONFOP), an owner-operator of cash-generative online businesses, today published a detailed shareholder update on the recently terminated strategic transaction with Paramount Helium LLC and the Company's operational priorities for the remainder of 2026.
On July 8, 2026, the Company announced a binding letter of intent with Paramount Helium contemplating a strategic combination in the industrial gas market. On July 22, 2026, the parties mutually... More
