[Form 3] Onar Holding Corp Initial Statement of Beneficial Ownership
Onar Holding Corp (ONAR) Form 3: Mark Gazit filed an initial Form 3 reporting his relationship to the issuer as a Director. The event date triggering the filing was 07/29/2025. The filing states no securities are beneficially owned by the reporting person. The form includes an exhibit (Exhibit 24: Power of Attorney) and is signed by Mark Gazit on 09/25/2025.
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Insights
TL;DR: Director Mark Gazit filed an initial Form 3 and reports no beneficial ownership of ONAR securities.
The submission is a routine initial Section 16 filing establishing the reporter's status as a director while indicating zero direct or indirect holdings. For governance review, the form documents the reporting relationship and includes a Power of Attorney exhibit. There are no disclosed derivative or non-derivative positions to evaluate, so the filing neither introduces insider trading signals nor changes ownership structure.
TL;DR: Form 3 records required disclosure; absence of holdings means no immediate regulatory flags from this filing.
From a compliance standpoint, the form meets the basic content requirements: reporter identity, address, relation to issuer, event date, and signature. The explicit statement that no securities are beneficially owned removes the need to analyze holdings, options, or conversion features. The included Exhibit 24 indicates a Power of Attorney is on file, which may affect who can sign future Section 16 reports.