Kawa Capital Management, Inc - 12 Jun 2025 SCHEDULE 13D Report for Orion Properties Inc. Common Stock of Beneficial Interest, $0.001 par value per share (ONL)

Filing Manager: Kawa Capital Management, Inc
Reporting Manager: Kawa Capital Management, Inc
Security: Orion Properties Inc. Common Stock of Beneficial Interest, $0.001 par value per share
Symbol: ONL
Shares outstanding: 56,433,268 shares
Disclosed Ownership: 5,474,027 shares
Ownership: 9.7%
Form type: SCHEDULE 13D
Filing time: 20 Jun 2025, 15:16:41 UTC
Date of event: 12 Jun 2025
Previous filing: 13 May 2025
Next filing: 17 Jul 2025
SEC: View on sec.gov

Reporting Managers (1)

Name	Ownership	Shares Owned	sole voting power	shared voting power	Signature	Title	CIK
Kawa Capital Management, Inc	9.7%	5,474,027	0	5,474,027	/s/Daniel Ades	Daniel Ades, Director	0001534242