Onfolio Agency Spv Llc and Onfolio Holdings, Inc. (NasdaqCM:ONFO) agreed to acquire Assets of SEO Marketing Inc from DDS Rank for $0.6 million on June 7, 2024. A cash consideration of $0.2 million will be paid by Onfolio Agency Spv Llc. The consideration consists of Series A Preferred Shares non-convertible preferred equity of Onfolio Holdings, Inc. having a value of $0.2 million to be issued for DDS Rank and Secured promissory note promissory note of Onfolio Holdings, Inc. having a value of $0.2 million to be issued for DDS Rank. The transaction expected to close early next week.

Onfolio Agency Spv Llc and Onfolio Holdings, Inc. (NasdaqCM:ONFO) completed the acquisition of Assets of SEO Marketing Inc from DDS Rank on June 24, 2024.