09:53 AM EDT, 06/24/2024 (MT Newswires) -- Onfolio ( ONFO ) said Monday that it has completed a deal to buy the majority stake in the assets of SEO Marketing, doing business as DDS Rank, which provides digital marketing services to dentists.

Onfolio ( ONFO ) said the acquisition was made possible with the assistance of its special purpose vehicle, Onfolio Agency, which is taking a 34% stake in the company.

Onfolio ( ONFO ) said it will own 66% of DDS Rank, whose purchase price is $600,000, in exchange for $200,000 of series A preferred shares and through a secured promissory note for $200,000 due in May 2026.

Price: 0.94, Change: -0.11, Percent Change: -10.48