Stock Market News
Onfolio Holdings IPO Opens Lower
2022.08.26 19:21
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Onfolio Holdings IPO Opens Lower
Today’s IPO for Onfolio Holdings Inc. (ONFO) opened for trading at $3.35 after pricing 2,753,750 units, each consisting of one share of common stock and two warrants, each to purchase one share of common stock, at a public offering price of $5.00 per unit.
EF Hutton, division of Benchmark Investments, LLC, is acting as sole book-running manager for the offering.
Onfolio is holding company that acquires and manages a diversified portfolio of online businesses across a broad range of verticals.