Onfolio Holdings, Inc 8K

Onfolio Holdings, Inc. obtained targeted waivers and consents from a key note investor to allow its proposed business combination with Paramount Helium, LLC and related financing, asset transfers, debt acquisition, and rebranding to proceed, subject to the merger closing by August 7, 2026.

On July 7, 2026, Onfolio Holdings, Inc. entered into a Limited Waiver and Consent Agreement with an existing note investor under its November 17, 2025 Securities Purchase Agreement, pursuant to which the investor, acting as noteholder, required holder, and collateral agent, granted one-time, transaction-specific waivers and consents to permit Onfolio’s proposed business combination with Paramount Helium, LLC and related transactions, including the equity-funded acquisition of Paramount, a minimum $40 million new equity financing, the acquisition of Cyber App Solutions Corp.’s senior secured indebtedness, the transfer of Onfolio’s existing businesses and assets into wholly owned subsidiaries, and the company’s planned rebranding and Nasdaq ticker change to “Paramount Helium Corporation” / “PRMT,” as well as the release of up to 46,730,769 reserved common shares needed to consummate the merger; these waivers are conditioned on the closing of the merger transaction by August 7, 2026, after which the agreement terminates if the merger is not completed, while all other terms of the existing transaction documents remain in full force and effect.

Filing Facts

CIK

1825452

Ticker

-

Form

8K

Source Type

sec

Accession

0001654954-26-006537

Alert Tier

8