secwatch.observer — SEC 8-K summary
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Issuer:     Onar Holding Corp (ONAR)
CIK:        0001682265
Form:       8-K
Filed at:   2025-06-13T23:59:59+00:00
Accession:  0001477932-25-004587
Event type: leadership
Sentiment:  positive
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

ONAR appoints Howard Palefsky to Board; board size increased to 3
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- Howard Palefsky appointed to the Board effective June 10, 2025; Board expands from 2 to 3 directors.
- Palefsky previously served as Chairman, President & CEO of Collagen Corporation and as a managing director at Montreux Equity Partners.
- Annual cash compensation of $12,000, paid quarterly, plus initial grant of $20,000 in restricted stock units.
- Palefsky will also receive reimbursement for reasonable out-of-pocket expenses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682265/000147793225004587/0001477932-25-004587-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682265/000147793225004587/onar_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-004587

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