ONAR settles $1.5M promissory note dispute with 18% interest; payment plan through 2030

Onar Holding Corp

Settlement of breach-of-contract lawsuit: ONAR to pay $1.5M principal plus 18% simple interest from March 2024.
Payment schedule: $50k immediately, $300k by Aug 30, 2026, then 14 quarterly $75k installments, final true-up Feb 2030.
Mutual release of all claims; trust and Feinberg agree not to short ONAR stock or sell >10% of 5-day avg volume per day.
Note and security interests to be released upon full payment; no admission of liability.
Non-disparagement clause with $50k liquidated damages per breach.

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