ONAR appoints new directors, signs acquisition agreement

August 12, 2025 9:16 AM UTC

ONAR Holding Corporation (OTCQB: ONAR) announced the appointment of several new board directors and a definitive agreement to acquire an AI marketing platform.

The company appointed Scott Kauffman, former Chairman and CEO of MDC Partners, as Chairman of the Board. Mark Gazit, co-founder and former CEO of ThetaRay, joined the board along with Reda Raad, Group CEO and co-founder of TBWA\RAAD. The company previously added Jon Bond, co-founder of Kirshenbaum & Bond and former CEO of Big Fuel, and Howard D. Palefsky, who now chairs the Governance & Nominating Committee.

ONAR signed a definitive agreement to acquire Retina.ai, an AI-powered marketing intelligence platform that serves clients including Unilever and Dollar Shave Club. The company also expanded its AI infrastructure through a strategic partnership with IQSTEL (NASDAQ: IQST) to develop what it describes as a multi-agentic operating system for its agency network.

"We're assembling a board built for where the industry is headed—AI-enabled, performance-driven, and deeply connected across the global marketing ecosystem," said Claude Zdanow, CEO of ONAR. "Scott, Mark, Reda, Jon, and Howard each bring distinct strengths—from holding-company scale to creative disruption to AI commercialization—that will help us execute our growth agenda."

ONAR operates as a marketing technology company and global network of performance-driven agencies. The Miami-based company trades on the OTCQB market under the ticker ONAR.



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