Skip to content

8-KAccepted Oct 6, 8:16 AM ET

Onar Holding Corp: appoints Kelly Anderson as interim chief financial officer

ONAROnar Holding Corp

Accepted (ET)

8:16 AM

Oct 6, 2026

Filed

Oct 6, 2026

Documents

16

Size

219.8 KB

Summary

Onar Holding Corp: appoints Kelly Anderson as interim chief financial officer

Updated

What happened

  • Onar Holding Corp announced that it appointed Kelly Anderson as interim chief financial officer, effective Oct 1, 2026, pursuant to an interim services agreement dated Sep 30, 2026 between the Company and CXO Executive Solutions.
  • The filing states Ms. Anderson resigned from the Board of Directors and as audit committee chair, and the Board appointed Howard D. Palefsky, a current director, as audit committee chair.
  • The filing also states the Company issued a press release announcing the appointment on Oct 6, 2026.

Key details

  • Principal compensation under the services agreement: monthly payments of $20,000 in cash and $12,000 in shares of the Company’s preferred stock (valued at the latest valuation report).
  • Contingent bonuses: $50,000 upon completion of the audit relating to the acquisition of Advertise Purple and $100,000 upon successful uplisting to a national securities exchange.
  • Termination and placement fee: either party may terminate with a minimum of ten days’ written notice; if Ms. Anderson is hired within twelve months after termination or expiration, the Company will pay CXO a placement fee of thirty percent of Ms. Anderson’s annualized earnings.
  • Ms. Anderson’s background in the filing: more than 25 years of senior finance leadership, prior CFO roles at T3 Motion Inc. and Mavenlink, former chief accounting officer at Fisker Automotive, a Certified Public Accountant, and founder of CXO.

Why it may matter

  • The filing reports Item 1.01 (entry into a material definitive agreement) covering the interim services agreement and Item 5.02 (appointment of an officer and related director/committee changes), and it furnishes a press release under Item 7.01. A filing does not show why the insider traded or why the company acted.

AI-written summary · check the filing