secwatch.observer — SEC 8-K summary
======================================

Issuer:     Onar Holding Corp (ONAR)
CIK:        0001682265
Form:       8-K
Filed at:   2025-08-04T23:59:59+00:00
Accession:  0001477932-25-005427
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

ONAR Holding appoints three new directors Gazit, Kauffman, Raad; board expands to six
--------------------------------------------------------------------------------

- Board increased to six members; effective July 29, 2025.
- Mark Gazit: former CEO of ThetaRay (2013-2023), managing director at Nice Cyber.
- Scott Kauffman: former Chairman/CEO of MDC Partners; current chairman of NOLA AI and Biowai.
- Reda Raad: Group CEO of TBWA\Raad since 2016; co-founder of TBWA\Raad in 2000.
- Each new director receives $12,000/yr cash plus $20,000 in RSUs as initial grant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682265/000147793225005427/0001477932-25-005427-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682265/000147793225005427/onar_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-005427

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