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 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 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.
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