---
title: "Onfolio ends Paramount Helium deal talks, terminates LOI"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293473947.md"
description: "Onfolio Holdings Inc. has terminated its binding Letter of Intent (LOI) with Paramount Helium regarding a strategic combination to enter the global industrial gas market. The decision was made because closing conditions, including due diligence completion, Paramount's capital raise, and delivery of audited financials, were unlikely to be met. Both parties agreed to end negotiations and pursue alternative business plans."
datetime: "2026-07-22T12:32:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293473947.md)
  - [en](https://longbridge.com/en/news/293473947.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293473947.md)
generator: "portal-rs"
---

# Onfolio ends Paramount Helium deal talks, terminates LOI

-   Onfolio terminated its binding LOI with Paramount Helium for a strategic combination aimed at entering the global industrial gas market. \* Closing conditions were unlikely to be met, including due diligence completion, Paramount’s capital raise, and delivery of audited financials. \* Both parties agreed to end talks and pursue alternative business plans. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Onfolio Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607220830PRIMZONEFULLFEED9766215) on July 22, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

### Related Stocks

- [ONFO.US](https://longbridge.com/en/quote/ONFO.US.md)
- [ONFOW.US](https://longbridge.com/en/quote/ONFOW.US.md)

## Related News & Research

- [OPAL Fuels (NASDAQ:OPAL) Director Purchases $19,800.00 in Stock](https://longbridge.com/en/news/297832806.md)
- [Business Insider Recognizes Vontier Among America's Most Innovative Businesses for 2027 | VNT Stock News](https://longbridge.com/en/news/298061575.md)
- [Protolabs Named to Business Insider’s America’s Most Innovative Businesses 2027 List | PRLB Stock News](https://longbridge.com/en/news/298050476.md)
- [OPAL Fuels director Nisar Nadeem reports purchase of 20,000 shares worth $38,900](https://longbridge.com/en/news/297825899.md)
- [ConocoPhillips announces Q3 2026 dividend of R$ 0.24 per unit](https://longbridge.com/en/news/297929667.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**