{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-26-005870","form_type":"8-K","ticker":"ONAR","cik":"0001682265","company_name":"Onar Holding Corp","filed_at":"2026-09-29T13:00:59+00:00","discovered_at":"2026-09-29T13:02:00.246404+00:00","generated_at":"2026-10-12T13:44:02.502694+00:00","sec_items":["1.01","2.03","3.02","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ONAR closes initial $15M financing at $25M pre-money; funds largest acquisition, $6.4M debt exchanged","bullets":["Initial closing: $3,944,444.44 principal of secured convertible notes sold for $3,550,000 cash (10% OID, 8.0% coupon, 18-month maturity); up to $15M total.","Exchange Notes totaling $7,089,317.25 principal issued for $6,380,385.52 of existing debt, including a 10% exchange premium; ~$6.5M of legacy notes and warrants retired.","Senior secured facility: $3,944,444.44 principal for $3,550,000 plus 9,202,613 incentive shares; 12.0% coupon, matures Sept 28, 2027; up to $5M total.","Conversion price fixed at $0.038576/share (implies $25M pre-money on 648,070,547 fully diluted shares); warrants for 102,251,256 shares at $0.0482, five-year term.","Proceeds fund a previously announced U.S. affiliate marketing agency acquisition; notes auto-convert to Series 1 Preferred on Nasdaq uplisting; assets pledged to ADI Funding LLC."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-26-005870","json":"https://secwatch.observer/filing/0001477932-26-005870.json","markdown":"https://secwatch.observer/filing/0001477932-26-005870.md","text":"https://secwatch.observer/filing/0001477932-26-005870.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1682265/000147793226005870/0001477932-26-005870-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1682265/000147793226005870/onar_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:44:02.502694+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}