Reliant Holdings Inc. (OTC:RELT) Stock Continues To Move Higher

On Monday, the Reliant Holdings Inc. (OTC:RELT) stock gained strong momentum after the company came up with a key announcement. Ahead of the start of today’s trading, it may be a good idea to take a look at the key details.

ONAR Celebrates Key Milestones and Reports Strong Year-to-Date Performance

In yesterday’s press release, the company noted that it had found considerable success in 2024 so far, and as the year drew to a close, it wished to share some of the historic success it enjoyed in the period.

Although ONAR assumed a new appearance, it managed to hit some major milestones over the past three years, and that included a reverse merger with Reliant Holdings. In addition to making a number of key acquisitions, ONAR also went into a partnership with iQSTEL, the telecom major.

Looking Ahead

Reliant Holdings announced that the speed of growth experienced at ONAR was also a reflection of the experience and ambition of the team in charge of the business. The company also revealed that in July 2024 it had inked an agreement pertaining to the acquisition of a 100% stake in ONAR’s parent company in a reverse merger transaction conducted entirely in stock.

The finalization process of the merger was still in progress, and in the meantime, many significant changes had already been launched. It remains to be seen if there is any action in the Reliant Holdings stock today.

CEO Quote

Claude Zdanow, CEO of ONAR, reflects on these milestones, stating, “ONAR’s historical success to date has laid a solid foundation for continued expansion. 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.”