Onar Holding Corp Announces Name Change and New Ticker

Published 03/02/2025, 13:02
Onar Holding Corp Announces Name Change and New Ticker

Onar Holding Corporation (formerly Reliant Holdings, Inc.) has officially changed its name and will begin trading under a new ticker symbol. The company, which operates in the construction special trade contractors industry, filed a Form 8-K with the Securities and Exchange Commission today, announcing these changes. The stock currently trades at $0.07, within its 52-week range of $0.03 to $0.15, according to InvestingPro data.

On January 21, 2025, Onar Holding Corporation, previously known as Reliant Holdings, Inc., filed a Certificate of Amendment to its Articles of Incorporation with the Nevada Secretary of State. This amendment, which was first mentioned in a Definitive Information Statement on August 23, 2024, marked the official change of the company’s name.

In a separate but related development, the Financial Industry Regulatory Authority (FINRA) announced on January 31, 2025, that the company’s stock would trade under a new name and ticker symbol. Starting today, Onar Holding Corporation’s shares will be available on the OTCQB market under the ticker symbol ONAR, replacing the previous symbol RELT.

These corporate actions follow the company’s efforts to realign its branding and corporate identity. The changes have been duly registered and will be in effect as of the opening of the business day today. Recent trading data from InvestingPro shows the stock has gained 32.2% over the past six months, despite a sharp 39.85% decline in the past week, with average daily trading volume of 30,000 shares.

Investors and market participants are advised to take note of Onar Holding Corporation’s new ticker for any trading or monitoring activities related to the company’s stock. The company has provided the necessary documentation, including the Amended and Restated Articles of Incorporation, as part of the SEC filing. For comprehensive financial analysis and real-time updates on Onar Holding Corporation, investors can access detailed metrics and expert insights through InvestingPro.

This update is based solely on the information provided in the company’s recent SEC filing and aims to inform stakeholders of the latest corporate developments regarding Onar Holding Corporation.

In other recent news, Reliant Holdings, Inc., a Nevada-based construction special trade contractor, has reported substantial changes to its executive team and corporate structure.

The company accepted the resignation of Claude Zdanow as President, with Christopher Becker stepping in as his replacement. Zdanow will continue in his roles as CEO and Director. Additionally, Patricia Kaelin was appointed as the new Chief Financial Officer, bringing over 25 years of executive experience to the role.

Reliant Holdings also announced amendments to its Articles of Incorporation, which included an increase in the authorized number of common stock to 450 million shares. The bylaws were modified to allow stockholder actions to be taken without a meeting, given written consent by the majority of the share entitlement. It’s important to note that these recent developments do not indicate any material plans, contracts, or other arrangements with the new appointees.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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