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Onfolio Holdings secures $100M equity facility to boost AI-driven acquisitions and growth

Company Fundamentals
16 Apr 2026
GlobeNewsWire
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Bullish
pluang ai news

Onfolio Holdings Inc. has secured a $100 million equity facility from an institutional investor to fund acquisitions and working capital, focusing on cash-generative online businesses enhanced by AI. This capital will support the company's strategy to scale AI-powered services, improve margins, and grow its digital asset portfolio following its first positive EBITDA year. CEO Dominic Wells highlighted that the facility provides flexibility to aggressively pursue acquisitions and integrate them into Onfolio's AI infrastructure. The company aims to expand its AI-driven offerings across B2B and B2C segments, leveraging frontier AI models for content, marketing, data analytics, and automation solutions.

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Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...

Company Fundamentals
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17 minutes ago
Shirofune launches Walmart Connect to automate and unify retail media campaign management.

Shirofune launches Walmart Connect to automate and unify retail media campaign management.

Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...

Market News
Bullish
17 minutes ago
Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...

Company Fundamentals
Bullish
17 minutes ago
Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...

Market News
Bullish
1 hour ago
Red Light Holland ships pharmaceutical-grade psilocybin PEX010 to EU for clinical studies after acquiring Filament Health.

Red Light Holland ships pharmaceutical-grade psilocybin PEX010 to EU for clinical studies after acquiring Filament Health.

Red Light Holland, after acquiring Filament Health, has expanded its capabilities in pharmaceutical-grade psilocybin development. Filament completed a shipment of its botanical psilocybin drug candidate, PEX010, to the European Union to support multi...

Company Fundamentals
Bullish
4 hours ago
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