ONAR (OTCQB:RELT), a network of specialized marketing agencies, has highlighted significant achievements in the year-to-date as 2024 draws to a close.
The company pointed to sustainable milestones, including completing a reverse merger with Reliant Holdings in July.
While the finalization of the merger is ongoing, the company noted that many changes are already underway.
It highlighted its recent partnership with iQSTEL, focusing on developing tech-driven marketing strategies that enhance brand storytelling for iQSTEL and its subsidiaries in telecommunications and fintech.
“ONAR (OTCQB:RELT)'s historical success to date has laid a solid foundation for continued expansion,” ONAR CEO Claude Zdanow said in a statement.
“Building upon our momentum and leveraging the insights gained from the past few years of achievements, I am excited to continue to drive further growth and create long-term value for our stakeholders."
ONAR was established in 2021 through an initial $3 million investment from two principal investment firms, M2B Funding Corporation and Apollo Management Group, which have since facilitated a credit facility for further acquisitions.
Currently, ONAR employs nearly 50 staff across five continents and is actively expanding to support its growing client base of over 45 companies.
Its focus is on servicing companies ranging from $50 billion to $1 billion-plus in revenue and it is actively searching for agencies to acquire into its network.
The agency has made strategic acquisitions, including Hell's Creative and VMED, to better serve its clients.
ONAR expects to release its private financials soon but noted that current figures are attributed to Reliant Holdings and do not fully reflect ONAR’s operations.