Jan. 26 at 1:52 AM
$ONFO live short interest 3.92%, CTB 12.36, EF Hutton (now D Boral) makes me physically ill
OS: 5.87M
Float: 3.57M
Market Cap:
$4.5M
Key Dilution Weapons Active
• August 2022 IPO Warrants (ONFOW): 6,117,250 @
$2.50 (EF Hutton) – full ratchet down to floor
$2.25, 2027 expiry
• October 2025 Warrant: 740,740 @
$2.50 – private warrant, protection undisclosed, 2027-08-30 expiry
• November 2025 Convertible Note:
$6.0M principal, 6,097,560 shares @
$0.98 (full ratchet) – pending effect, 2027 maturity, classic small-cap convert overhang
Completed Dilutive Events (most recent first)
Private Placement, Convertible Note
• 6,097,561 shares @
$0.98
• 0 warrants
•
$6,000,000 raised
Date: 2025-11-17 00:00
Private Placement
• 740,740 shares @
$2.50
• 740,740 warrants
•
$1,851,850 raised
Date: 2025-10-21 00:00
IPO (S-1)
• 2,753,750 shares @
$5.00
• 5,507,500 warrants
•
$13,768,750 raised
Bank: EF Hutton
Date: 2022-08-26 00:00