{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-26-005919","form_type":"8-K","ticker":"ONAR","cik":"0001682265","company_name":"Onar Holding Corp","filed_at":"2026-09-30T11:05:33+00:00","discovered_at":"2026-09-30T11:10:00.129479+00:00","generated_at":"2026-10-12T13:57:05.626647+00:00","sec_items":["1.01","2.03","2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"ONAR completes Advertise Purple acquisition for up to $27.8M; adds $17.1M revenue, $4.4M net income","bullets":["Consideration: $12.825M cash plus $7.0M unsecured Seller Note and up to $8.0M earnout ($2M/$3M/$3M for three annual periods from Oct 1, 2026 to Sep 30, 2029); total up to $27.825M.","Seller Note: 8.0% simple interest, interest payable quarterly from Nov 1, 2026, principal due at 36 months; unsecured and subordinated to senior debt; ONAR guaranteed the obligation.","Advertise Purple posted ~$17.1M FY2025 net revenue, $4.4M net income and ~$6.6M adjusted EBITDA; combined pro forma FY2025 revenue ~$23.5M, about 7x ONAR standalone.","Advertise Purple manages affiliate programs for 400+ brands with no client above ~5% of revenue; its Bloom platform holds 111M+ performance records and joins ONAR Labs with Retina AI and Cortex.","Advertise Purple CEO Jonathan Moisan and CGO Rowland Hazard stay to lead the business; deal funded by the $15M financing announced Sept 29, and ONAR says three of four July priorities are done."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-26-005919","json":"https://secwatch.observer/filing/0001477932-26-005919.json","markdown":"https://secwatch.observer/filing/0001477932-26-005919.md","text":"https://secwatch.observer/filing/0001477932-26-005919.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1682265/000147793226005919/0001477932-26-005919-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1682265/000147793226005919/onar_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:57:05.626647+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"}