shares of onfolio holdings inc were cut in half to a low of 233 during their trading debut on friday the website portfolio company said thursday night that the initial public offering had been priced at 5 a unit with a total of 275 million units each unit consists of a share of common stock and two warrants to purchase a share of common stock for 5 the offering is expected to generate net proceeds of 137 million and will close on aug 30 onfolio said shares opened on the nasdaq capital market at 335 on friday and tumbled early in the trading day