06/22/2026 | Press release | Distributed by Public on 06/22/2026 15:22
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
Effective June 22, 2026, ONAR Holding Corporation (the "Company") amended its Articles of Incorporation (as amended, the "Articles of Incorporation") to increase the authorized number of shares of the Company's common stock, par value $0.001 per share (the "Common Stock"), from 1,000,000,000 shares to 3,000,000,000 shares (the "Amendment").
As previously disclosed in the Company's Definitive Information Statement, as filed with the United States Securities and Exchange Commission on Schedule 14C on June 1, 2026, the Amendment was approved by the Company's board of directors and by written consent of approximately 76.8% of the voting power of the Company's outstanding Common Stock on May 5, 2026.
The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.