Onfolio Holdings Provides Acquisition Strategy Update and Further Outlines AI Strategy on its Corporate Website
08 June 2023 - 9:00PM
Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) (the “Company” or
“Onfolio”), an online conglomerate that acquires and manages a
diversified portfolio of online business holdings, announces that
it posted two articles on its corporate website that provide
additional insight into its growth strategy. Specifically, these
articles highlight Onfolio’s corporate acquisition strategy and its
strategy to leverage AI across its subsidiaries.
Acquisitions and leveraging AI are expected play pivotal roles
in the Onfolio’s anticipated future growth, and these two articles
provide additional transparency and insight into these strategic
levers.
The article describing the Company’s general acquisition
strategy can be found here: onfolio.com/one-pager
The article outlining how the Company intends to use AI in its
subsidiaries to grow and recognize operating leverage can be found
here: onfolio.com/ai-strategy
Onfolio Holdings Inc.
Onfolio acquires and manages a diversified
portfolio of online businesses across a broad range of verticals,
each with a niche content focus and brand identity. Onfolio
acquires businesses that meet its investment criteria, being that
such businesses operate in sectors with long-term growth
opportunities, have positive and stable cash flows, face minimal
threats of technological or competitive obsolescence, have strong
management teams largely in place, and will benefit from the
appointment of a dedicated CEO, where the existing CEO is exiting
the business. The Company excels at finding acquisition
opportunities where the seller has not fully optimized their
business, and Onfolio’s experience and skillset allow it to add
increased value to these existing businesses. Visit www.onfolio.com
for more information.
Safe Harbor StatementThe information posted in
this release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
You can identify these statements by use of the words “may,”
“will,” “should,” “plans,” “explores,” “expects,” “anticipates,”
“continues,” “estimates,” “projects,” “intends,” and similar
expressions. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from those projected or anticipated. These risks and uncertainties
include but are not limited to, general economic and business
conditions, effects of continued geopolitical unrest and regional
conflicts, competition, changes in technology and methods of
marketing, delays in completing new customer offerings, changes in
customer order patterns, changes in customer offering mix,
continued success in technological advances and delivering
technological innovations, delays due to issues with outsourced
service providers, those events and factors described by us under
the caption “Risk Factors” included in our Form 10-K and other SEC
filings and other risks to which our Company is subject, and
various other factors beyond the Company’s control.
Company Contact:
Derek McCarthyInvestor Communications Onfolio Holdings
IncInvestors@Onfolio.com
Investors Relations:
Bret ShapiroCORE IRbrets@coreir.com516-222-2560
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