{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-25-004534","form_type":"8-K","ticker":"ONAR","cik":"0001682265","company_name":"Onar Holding Corp","filed_at":"2025-06-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.325861+00:00","generated_at":"2026-05-19T10:47:50.754575+00:00","sec_items":["1.01","3.02","3.03","5.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"ONAR Holding raises $500K in Series E Preferred private placement, convertible at 75% of market price","bullets":["On June 6, 2025, entered Subscription Agreements to sell 500 Series E Preferred shares at $1,000 face value for $500,000 initial proceeds; total offering up to $6M.","Series E Preferred converts into common stock after authorized shares increased by 150M; conversion price = 75% of prior-day closing market price.","Annual reset of conversion price to current market price if below conversion price, floor $0.01; anti-dilution adjustment for new issuances below conversion price.","Series E accrues 8% annual dividends payable in common shares upon conversion; liquidation preference treats as converted to common.","Offering exempt from registration under Section 4(a)(2)/Reg D; shares not registered under Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-25-004534","json":"https://secwatch.observer/filing/0001477932-25-004534.json","markdown":"https://secwatch.observer/filing/0001477932-25-004534.md","text":"https://secwatch.observer/filing/0001477932-25-004534.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1682265/000147793225004534/0001477932-25-004534-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1682265/000147793225004534/onar_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T10:47:50.754575+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}