Onar Holding amends LOI for Advertise Purple acquisition, sets $1 million down payment

• Onar Holding amended its non-binding LOI to acquire Advertise Purple, with a fully negotiated purchase agreement form tied to the deal.
• Terms include a USD 1 million down payment credited dollar-for-dollar against the closing purchase price.
• The payment becomes refundable only if Onar issues a closing-readiness notice and Advertise Purple’s side does not sign and close within five business days.
• Outside date set for Aug. 27, 2026; the LOI terminates automatically if the purchase agreement is not executed by then.
• If all parties sign by the outside date, Onar must fund the purchase price within two business days or the LOI terminates.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Onar Holding Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-004647), on July 31, 2026, and is solely responsible for the information contained therein.