Onfolio Inks Letters Of Intent To Acquire Four Businesses Across Digital Marketing, E-Commerce, Financial Media For Total Upfront Cash Of ~$10.5M

Onfolio Holdings, Inc.
ONFOLIO HOLDINGS INC 12% CUM RED PFD SER A

Onfolio Holdings, Inc.

ONFO

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ONFOLIO HOLDINGS INC 12% CUM RED PFD SER A

ONFOP

0.00

Onfolio Holdings Inc. (NASDAQ:ONFO, ONFOW)) (OTC:ONFOP) ("Onfolio" or the "Company"), an owner-operator of cash-generative online businesses, today announced that it has signed exclusive Letters of Intent to acquire four cash-generative businesses across digital marketing, e-commerce, and financial media.

Based on seller-provided unaudited financial information and the Company's preliminary diligence, the four proposed acquisitions represent approximately $9.4 million in aggregate trailing revenue and approximately $4.1 million in aggregate trailing adjusted EBITDA. If completed and assuming the acquired businesses perform in line with their trailing results, the proposed acquisitions are expected to approximately double Onfolio's revenue run rate and move the Company to positive free cash flow.

The transactions are structured with a combination of upfront cash consideration, seller-financed notes, and earnout provisions tied to post-closing performance. Aggregate upfront cash consideration is expected to be approximately $10.5 million, with total potential consideration of approximately $12.1 million, representing an average acquisition multiple of approximately 3x trailing adjusted EBITDA on total potential consideration.