Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Elijah May resigned as President and Chief Executive Officer at Onar Holding Corp.
- Action
- resigned
- Role
- President and Chief Executive Officer
Exact text from the filing
On June 13 2024, Elijah May, as the Company’s sole director, signed a board resolution, whereby Mr. May resigned from his positions as director, Chief Executive Officer, and President of the Company, effective as of June 13, 2024.
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Executive change
SEC 8-K Item 5.02
confidence 0.95
Claude Zdanow was appointed as President and Chief Executive Officer at Onar Holding Corp.
- Action
- appointed
- Role
- President and Chief Executive Officer
Exact text from the filing
In the same board resolution, Claude Zdanow was appointed as a director of the Company by its Board of Directors, holding the positions of President and Chief Executive Officer.
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M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Onar Holding Corp completed an acquisition involving Members of HLDCO, LLC, which include Mount Olympus Ventures, Inc., Apollo Capital Corp., and M2B Funding Corp. for 75,000,000 shares of the Company's common stock, par value $0.001 per share, exactly 3,645 shares of newly designated Series B Preferred Stock, par value $0.000 (closed 2024-06-17).
- Action
- acquisition
- Counterparty
- Members of HLDCO, LLC, which include Mount Olympus Ventures, Inc., Apollo Capital Corp., and M2B Funding Corp.
- Consideration
- 75,000,000 shares of the Company's common stock, par value $0.001 per share, exactly 3,645 shares of newly designated Series B Preferred Stock, par value $0.000
- Closing
- 2024-06-17
Exact text from the filing
The transaction was completed by and between the Company and the Members of HLDCO, LLC, which include Mount Olympus Ventures, Inc., Apollo Capital Corp., and M2B Funding Corp.
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M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Onar Holding Corp underwent a change of control involving Claude Zdanow for four hundred thousand dollars ($400,000.00) (closed 2024-06-13).
- Action
- change of control
- Counterparty
- Claude Zdanow
- Consideration
- four hundred thousand dollars ($400,000.00)
- Closing
- 2024-06-13
Exact text from the filing
Mount Olympus Ventures, Inc., a company owned by Claude Zdanow). The amount of the consideration in purchasing the Series A Preferred Stock was four hundred thousand dollars ($400,000.00).
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