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Onfolio terminates planned combination with Paramount Helium

AGNC Investment Corp. 7.75% DP PFD G declares $0.4844 dividend
Onfolio terminates planned combination with Paramount Helium

Onfolio (ONFO) and Paramount Helium mutually agreed to terminate their previously announced binding letter of intent for a proposed strategic combination. The planned transaction was intended to establish Onfolio in the global industrial gas market. The deal was terminated because key closing conditions, including due diligence, Paramount's financi...

  • Onfolio (ONFO) and Paramount Helium mutually agreed to terminate their previously announced binding letter of intent for a proposed strategic combination.
  • The planned transaction was intended to establish Onfolio in the global industrial gas market.
  • The deal was terminated because key closing conditions, including due diligence, Paramount's financing, and delivery of audited financial statements, were not met and were unlikely to be satisfied.
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