ONFO News

Six small deals priced this past week, though only three met the criteria for our 2022 IPO stats. Pipeline activity picked up with three new IPO filings, including a biotech that plans to raise $150 million, as well as amendments from some notable issuers on file. Beijing-based ...read more

Onfolio Holdings, which acquires and manages a portfolio of small websites, raised $14 million by offering 2.8 million units at $5, above the proposed price of $4.50. Each unit consists of one share of common stock and two warrants, exercisable at $5. The company offered 0.4 million fewer units than anticipated. It originally filed in April to offer 2.9 million units at a...read more

Onfolio Holdings, which acquires and manages a portfolio of small websites, changed the terms for its upcoming IPO on Tuesday. The Wilmington, DE-based company now plans to raise $14 million by offering 3.1 million units at $4.50. The company had previously filed to offer 1.6 million units at $4.50, prior to a 1-for-4.76 reverse stock split. Each unit still consists of one share of...read more

Onfolio Holdings, which acquires and manages a portfolio of small websites, lowered the proposed deal size for its upcoming IPO on Monday. The Wilmington, DE-based company now plans to raise $7 million by offering 1.6 million units at $4.50. The company most recently filed to offer 1.7 million units at a range of $4.50 to $5.50, downwardly revising its terms in June from 2.9...read more