This final step in ONAR's reverse merger journey sets the stage for ambitious growth, strategic acquisitions, and market expansion.
LOS ANGELES, Feb. 3, 2025 /PRNewswire/ -- Reliant Holdings, Inc. (OTCQB: ONAR), a leading marketing technology company and network of marketing agencies, today announced that it has received approval from the Financial Industry Regulatory Authority (FINRA) to formally adopt its new corporate name and change its ticker symbol from RELT to ONAR. Effective immediately, these updates underscore the company's reverse merger completion, forward-looking vision, and commitment to accelerated growth in an increasingly competitive marketplace.
"This transformation marks a significant milestone for our organization," said Claude Zdanow, CEO of ONAR. "By unifying our identity under a single, modernized brand, we're better positioned to pursue our ambitious goals, drive innovation, and deliver exceptional results for our clients, partners, and investors."
A Unified Brand with a Bold Vision
The new corporate name and ticker symbol reflect ONAR's evolution following its reverse merger with Reliant Holdings, Inc. in 2024. This streamlined identity removes confusion and clarifies that ONAR's market presence aligns with its strategic mission: to offer state-of-the-art marketing solutions, blending AI-driven technology with human expertise to help businesses thrive in today's digital landscape.
Key Advantages of the Name Change & Finalization of the Rebrand
Increased Market Visibility: The updated name and ticker symbol help investors and stakeholders easily recognize ONAR and its position as a marketing technology leader and remove the confusion with the Reliant Holdings brand that had no connection to ONAR's business.
Improved Brand Perception: By aligning the company's identity with its current strategy and market positioning, ONAR is confident this will enhance market visibility, improve brand perception, and signal its commitment to growth and innovation. Milestones Driving Momentum
This updated company identity comes less than one year after ONAR's reverse merger with Reliant Holdings Inc. In the months since the merger, ONAR has achieved significant milestones, including:
CEO Leadership: Claude Zdanow presented their ambitious vision at the 2025 Sequire Investor Summit and NobleCon20.
Strategic Partnerships: Secured a mid-six-figure contract with iQSTEL, Inc. to lead their rebranding and growth initiatives.
Executive Team Expansion: Appointed Patricia Kaelin as Chief Financial Officer and welcomed Sara Scully as corporate communications and marketing leader.
Financial Growth: Achieved robust Q3 2024 results, featuring higher revenue, lower costs, and a stronger cash position.
Acquisitions and Expanded Reach: Acquired and rebranded Of Kos, adding healthcare marketing expertise and expanding their global network.
Shareholder Confidence: Gained formal approval for the name change to Onar Holding Corporation and authorized amendments to fuel future expansion.
Rebranding for Success: Revitalized flagship agency Storia with fresh visuals, emphasizing performance marketing and AI-driven optimization. These achievements reflect ONAR's commitment to innovation, strategic growth, and leveling the playing field for middle-market and growth-stage companies so they may achieve marketing success in an increasingly competitive landscape.
The team is incredibly proud of the progress made in such a short time and excited for the future as they continue to revolutionize the advertising and marketing industry. ONAR leaders are confident that the company is well-positioned for continued success and look forward to delivering exceptional results for clients, partners, and shareholders in 2025.
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