OLENOX INDUSTRIES INC. (OLOX): Nasdaq/NYSE listing notice — Safe & Green director resigns, loses independent majority; Hawkins appointed to cure non-compliance

OLENOX INDUSTRIES INC.

Joseph Safina resigned from SGBX Board effective Dec 20, 2022; no disagreement cited.
Resignation caused loss of independent director majority and Audit Committee below three members, violating Nasdaq rules.
On Dec 22, 2022, Shafron E. Hawkins appointed to Board, Audit Committee, and Compensation Committee, restoring compliance.
Hawkins has background in public policy, Opportunity Zones; will receive $80k annual fee plus $80k RSU grant.

item 3.01 item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Shafron E. Hawkins

Director

OLOX · OLENOX INDUSTRIES INC.

Effective: 2022-12-05
Filed: December 22, 2022, 6:59 PM ET

On December 5, 2022, the Board appointed Shafron E. Hawkins to serve as a director of the Company.

Departed

Joseph Safina

Director

OLOX · OLENOX INDUSTRIES INC.

Filed: December 22, 2022, 6:59 PM ET

The information regarding Mr. Safina’s resignation contained in Item 3.01 is incorporated herein by reference.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

OLENOX INDUSTRIES INC. received a nasdaq compliance regained notice regarding audit committee (rules 5605(c)(2)(A)).

Exchange: nasdaq
Notice: compliance regained
Deficiency: audit committee
Rules: 5605(c)(2)(A)

Exact text from the filing

December 22, 2022, with the appointment of Shafron E. Hawkins to the Board and to the Audit Committee and Compensation Committee of the Board, the Company regained compliance with NASDAQ Marketplace Rule 5605(b)(1) and NASDAQ Marketplace Rule 5605(c)(2)(A).

View on SEC.gov

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

OLENOX INDUSTRIES INC. received a nasdaq compliance regained notice regarding board independence (rules 5605(b)(1)).

Exchange: nasdaq
Notice: compliance regained
Deficiency: board independence
Rules: 5605(b)(1)

Exact text from the filing

December 22, 2022, with the appointment of Shafron E. Hawkins to the Board and to the Audit Committee and Compensation Committee of the Board, the Company regained compliance with NASDAQ Marketplace Rule 5605(b)(1) and NASDAQ Marketplace Rule 5605(c)(2)(A).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Shafron E. Hawkins was appointed as Director at OLENOX INDUSTRIES INC..

Action: appointed
Role: Director

Exact text from the filing

On December 5, 2022, the Board appointed Shafron E. Hawkins to serve as a director of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Joseph Safina resigned as Director at OLENOX INDUSTRIES INC..

Action: resigned
Role: Director

Exact text from the filing

The information regarding Mr. Safina’s resignation contained in Item 3.01 is incorporated herein by reference.

View on SEC.gov

20 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

OLENOX INDUSTRIES INC. filing history →

Source: SEC EDGAR

accession 0001213900-22-082238

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