---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-26-004647"
form_type: "8-K"
ticker: "ONAR"
cik: "0001682265"
company_name: "Onar Holding Corp"
filed_at: "2026-07-31T21:15:58+00:00"
generated_at: "2026-07-31T21:18:13.031857+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ONAR pays $1M down payment for Advertise Purple acquisition; refundable only if seller fails to sign

## Summary
- ONAR paid $1,000,000 down payment to Advertise Purple toward acquisition of 100% equity.
- Down payment refundable only if ONAR is ready to close but Advertise Purple or sellers fail to sign definitive agreement.
- Outside date for signing definitive agreement is August 27, 2026; otherwise LOI and amendment terminate.
- Total purchase price up to $27.5M: $12.5M cash at closing, $7M seller note, up to $8M earn-out.
- Amendment removes prior legal fee reimbursement provision; each party bears own expenses.

## SEC filing metadata
- accession: 0001477932-26-004647
- form_type: 8-K
- ticker: ONAR
- cik: 0001682265
- company_name: Onar Holding Corp
- filed_at: 2026-07-31T21:15:58+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682265/000147793226004647/0001477932-26-004647-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682265/000147793226004647/onar_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-26-004647
- JSON: https://secwatch.observer/filing/0001477932-26-004647.json
- Plain text: https://secwatch.observer/filing/0001477932-26-004647.txt

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