• Onar’s board adopted a written-consent action dated May 5, 2026 to expand the company’s authorized common stock to 3,000,000,000 shares.
• The change lifts authorized common shares from 1,000,000,000, with the amendment expected to take effect around June 22, 2026.
• A majority holder with 76.8% of total voting power executed the stockholder written consent to authorize the charter amendment.
• The expanded authorization is intended to support equity financings, acquisitions, and issuances tied to existing convertible securities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Onar Holding Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-003558), on June 01, 2026, and is solely responsible for the information contained therein.