Mergers & Acquisitions ·
Onar Holding Corp entered into Amendment No. 2 to its non-binding letter of intent with Advertise Purple, Inc.…
ONAROnar Holding Corp
Onar Holding Corp entered into Amendment No. 2 to its non-binding letter of intent with Advertise Purple, Inc., extending the transaction's outside date from August 27, 2026, to September 28, 2026, contingent on Onar paying a $250,000 second down payment by August 27. This amendment increases the initial down payment to $1,250,000 and raises the total cash consideration payable at closing to $12,825,000, with the down payment credited against the purchase price. The definitive agreement remains unexecuted and non-binding until signed by all parties. Onar Holding Corp operates in the technology sector.