March 31 (Reuters) - Onfolio Holdings Inc ONFO.O:
ONFOLIO HOLDINGS INC FILES FOR NON- TIMELY 10-K WITH U.S. SEC
ONFOLIO HOLDINGS-WILL RESTATE FINANCIAL STATEMENTS FOR YEAR ENDED DEC 31, 2023
ONFOLIO HOLDINGS- IDENTIFIED ERROR IN APPLICATION OF ASC 350 IMPAIRMENT GUIDANCE, RESULTED IN NON-CASH IMPAIRMENT ADJUSTMENT
ONFOLIO HOLDINGS: ADJUSTMENT IS NOT EXPECTED TO IMPACT CASH FLOWS, & REFLECTS REFINEMENT IN ESTIMATES & APPROACH RATHER THAN NEWLY IDENTIFIED ISSUE
ONFOLIO HOLDINGS-ADJUSTMENT IS EXPECTED TO INCREASE NET OPERATING LOSS BY ABOUT 13%, REDUCE TOTAL ASSETS BY ABOUT 17% FOR YEAR ENDED DEC 31, 2023
Source text: [ID:n0001654954-25-003652]
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