Kawa Capital Management, Inc - 17 Nov 2025 SCHEDULE 13D/A 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/A
Filing time: 18 Nov 2025, 18:18:34 UTC
Date of event: 17 Nov 2025
Previous 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