---
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"
generated_at: "2026-05-19T10:47:50.754575+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ONAR Holding raises $500K in Series E Preferred private placement, convertible at 75% of market price

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 5.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-004534
- JSON: https://secwatch.observer/filing/0001477932-25-004534.json
- Plain text: https://secwatch.observer/filing/0001477932-25-004534.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.