ONAR Holding (OTCQB: ONAR) boosts authorized common stock to 3,000,000,000 shares
Rhea-AI Filing Summary
ONAR Holding Corporation amended its Articles of Incorporation, effective June 22, 2026, to increase the authorized number of common shares from 1,000,000,000 to 3,000,000,000. The common stock has a par value of $0.001 per share. The amendment had been approved by the board of directors and by written consent representing approximately 76.8% of the voting power of the outstanding common stock on May 5, 2026. The full text of the amendment is included as an exhibit to this report.
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Insights
ONAR expanded its authorized share capacity, enabling potential future issuances.
ONAR Holding Corporation increased its authorized common stock from 1,000,000,000 to 3,000,000,000 shares. This change affects the company’s capital structure but does not, by itself, issue new shares or change current ownership percentages.
The amendment was approved by the board and holders of approximately 76.8% of the voting power, indicating broad shareholder support. Any future use of the additional authorized shares, such as financings or acquisitions, would depend on later decisions and related terms.
8-K Event Classification
Key Figures
Key Terms
Articles of Incorporation regulatory
Emerging growth company regulatory
Schedule 14C regulatory
Certificate of Amendment regulatory
FAQ
What change did ONAR (ONAR) make to its capital structure?
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Filing Exhibits & Attachments
6 documentsOther Documents
- EX-3.1 CERTIFICATE OF AMENDMENT 1.7 KB
- EX-101 XBRL TAXONOMY EXTENSION SCHEMA 4.9 KB
- EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 14.3 KB
- EX-101 XBRL TAXONOMY EXTENSION CALCULATION LINKBASE 898 B
- EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 9.1 KB
- EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 2.0 KB