m_and_a
confidence high
sentiment neutral
materiality 0.70
ONAR completes sale of VMED Services assets for $1.5M promissory note
Onar Holding Corp
- Sold substantially all assets of VMED Services, LLC to VMED Consulting for $1.5M promissory note.
- Note pays $5,000/mo from Jan 2026, with balloon payment due Dec 2031; secured by collateral and personal guaranty.
- Excluded from sale: all intellectual property related to ‘Of Kos’ brand, including trademarks and marketing materials.
- Pro forma revenue for nine months ended Sep 30, 2025 would have been $2.31M vs reported $2.70M.
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