FAQ: Onar Holding Corporation's Acquisition of JUICE

What is the main announcement in this content?

Onar Holding Corporation (OTCQB: ONAR) has signed a definitive agreement to acquire 100% of JUICE, an award-winning digital marketing agency, through its subsidiary Storia in a cash and stock transaction.

Why is this acquisition significant for Onar Holding Corporation?

The acquisition is expected to more than double Storia’s revenue, enhance profitability, and integrate JUICE’s proprietary AI-powered software Sour Grapes into ONAR Labs, strengthening Onar’s marketing technology capabilities.

Who are the key executives involved in the transition from JUICE?

Key JUICE executives supporting the transition include co-founders Michael Lisovetsky and Troy Osinoff, and COO David Khandrius, with Osinoff joining ONAR’s leadership team.

What notable clients and partnerships does JUICE bring to Onar?

JUICE has worked with clients including Barstool Sports, Paris Hilton, L’Oréal, Ramp and Diesel, and holds certifications and partnerships with Meta, Google, TikTok, Klaviyo and Shopify.

How does this acquisition fit into Onar’s overall business strategy?

This acquisition aligns with Onar’s strategy of actively acquiring agencies to expand its platform as a marketing technology company and network of specialized marketing agencies, supported by its technology incubator ONAR Labs.

Where can investors find more information about Onar Holding Corporation?

The latest news and updates relating to ONAR are available in the company’s newsroom at https://ibn.fm/ONAR.

What is ONAR Labs and how does it relate to this acquisition?

ONAR Labs is Onar’s technology incubator that deepens its AI capabilities, and it will integrate JUICE’s proprietary AI-powered software Sour Grapes as part of this acquisition.

When was JUICE founded and what is its background?

JUICE was founded in 2017 and is described as an award-winning digital marketing agency with extensive certifications and partnerships across major digital platforms.