ONAR Holding Corporation Issues Corporate Update and Highlights Newly Appointed Directors with Deep Marketing & AI Expertise

Rhea-AI Summary

ONAR Holding Corporation (OTCQB: ONAR), a marketing technology company, announced significant board appointments and strategic developments. The company appointed Scott Kauffman (former MDC Partners CEO) as Chairman, along with Mark Gazit (ThetaRay co-founder) and Reda Raad (TBWA\RAAD Group CEO) to its board.

Key strategic advancements include an AI infrastructure partnership with IQSTEL (NASDAQ: IQST) to develop a multi-agentic operating system, and a definitive agreement to acquire Retina.ai, an AI-powered marketing intelligence platform used by major brands like Unilever and Dollar Shave Club.

Positive

• Strategic board appointments with deep industry expertise from global holding companies and AI sector
• Partnership with NASDAQ-listed IQSTEL for AI infrastructure development
• Definitive agreement to acquire Retina.ai, bringing established enterprise clients
• Strengthened leadership team positioning for M&A growth

Negative

• Currently trading on OTCQB market, indicating lower tier exchange listing
• No financial metrics or transaction values disclosed for acquisitions and partnerships

News Market Reaction

-4.26%

1 alert

-4.26% News Effect

On the day this news was published, ONAR declined 4.26%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Miami, FL, Aug. 12, 2025 (GLOBE NEWSWIRE) -- ONAR Holding Corporation (OTCQB: ONAR), a fast-growing marketing technology company and global network of performance-driven agencies, today issued a corporate update summarizing recent milestones and spotlighting the Company’s newly appointed directors whose careers span leadership across global holding companies, creative shops, and AI-powered innovation.

Recent Milestones:

• Appointed Scott Kauffman (former Chairman & CEO, MDC Partners) as Chairman of the Board, reflecting ONAR’s push toward scale and M&A growth.
  
  
• Added Mark Gazit (co-founder & former CEO, ThetaRay) to the Board—welcomed for his AI and cybersecurity acumen.
  
  
• Appointed Reda Raad, Group CEO & co-founder of TBWA\RAAD (MENA), bringing decades of advertising leadership.
  
  
• Previously added Jon Bond, co-founder of Kirshenbaum & Bond and former CEO of Big Fuel, and Howard D. Palefsky, now Chair of the Governance & Nominating Committee.
  

Platform & Strategy Advancements:

• Expanded AI infrastructure via strategic partnership with IQSTEL (NASDAQ: IQST), developing a first-of-its-kind multi-agentic operating system to enhance efficiency across ONAR’s agency network.
  
  
• Signed definitive agreement to acquire Retina.ai, an AI-powered marketing intelligence platform trusted by the likes of Unilever and Dollar Shave Club.
  

Claude Zdanow, CEO of ONAR, said, “We’re assembling a board built for where the industry is headed—AI-enabled, performance-driven, and deeply connected across the global marketing ecosystem. Scott, Mark, Reda, Jon, and Howard each bring distinct strengths—from holding-company scale to creative disruption to AI commercialization—that will help us execute our growth agenda.”

About ONAR Holding Corporation

ONAR (OTCQB: ONAR) is a leading marketing technology company and marketing agency network. The Company’s mission is to power unparalleled marketing services that drive revenue growth through an integrated, AI-driven approach. Committed to honor, candor, and best-in-class results, ONAR’s agency network offers a range of digital marketing services including performance marketing & healthcare marketing. More information can be found at www.onar.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding ONAR’s growth strategy, acquisitions, technology development, integration, and expected outcomes. Forward-looking statements reflect current views about future events and are based on assumptions and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially include, among others, those described in ONAR’s filings with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. ONAR undertakes no obligation to update or revise these statements, except as required by law.

Media Contact:
Sara Scully
Marketing Manager
ONAR
213-437-3081
IR@onar.com

FAQ

Who are the new board members appointed to ONAR Holding Corporation (OTCQB: ONAR)?

ONAR appointed Scott Kauffman (former MDC Partners CEO) as Chairman, Mark Gazit (ThetaRay co-founder), and Reda Raad (TBWA\\RAAD Group CEO) to its board.

What is ONAR's strategic partnership with IQSTEL (NASDAQ: IQST)?

ONAR partnered with IQSTEL to develop a first-of-its-kind multi-agentic operating system to enhance efficiency across ONAR's agency network.

What company is ONAR acquiring and who are their clients?

ONAR signed a definitive agreement to acquire Retina.ai, an AI-powered marketing intelligence platform whose clients include Unilever and Dollar Shave Club.

How is ONAR incorporating AI into its business strategy?

ONAR is incorporating AI through two key initiatives: the IQSTEL partnership for developing an AI-powered operating system and the acquisition of Retina.ai for marketing intelligence capabilities.

What is ONAR Holding Corporation's current growth strategy?

ONAR is focusing on M&A growth, expanding AI infrastructure, and strengthening its board with experts in holding-company scale, creative disruption, and AI commercialization.