secwatch.observer — SEC 8-K summary
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Issuer:     Onar Holding Corp (ONAR)
CIK:        0001682265
Form:       8-K
Filed at:   2024-06-18T23:59:59+00:00
Accession:  0001477932-24-003744
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 2.01, 5.01, 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

RELT: Acquires HLDCO LLC; Zdanow takes control as CEO
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- Acquired 100% of HLDCO, LLC for 75M common shares, 3,645 Series B preferred, and 3.9M Series C preferred.
- Claude Zdanow appointed director, President, CEO effective June 13, 2024; Elijah May resigned.
- Zdanow's Mount Olympus Ventures purchased 100% of Series A Preferred Stock for $400,000, resulting in change in control.
- Former CEO May granted option to repurchase pre-acquisition assets, vesting 6 months, term 5 years, with approval rights.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682265/000147793224003744/0001477932-24-003744-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682265/000147793224003744/reliant_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-24-003744

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer