Onfolio Retires $640k Debt, Begins $850k Debt Conversion to Shares.

Onfolio Holdings has deployed initial financing proceeds and retired $640,000 of seller notes from a previous acquisition. The company is also converting an additional $850,000 in seller notes into common stock, clearing $1.5 million of debt and saving nearly $150,000 in annualized interest payment expenses. These actions strengthen Onfolio's financial position as it allocates capital to enhance its operations.