{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-027556","form_type":"8-K","ticker":"OLOX","cik":"0001023994","company_name":"OLENOX INDUSTRIES INC.","filed_at":"2023-04-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.641925+00:00","generated_at":"2026-06-17T05:38:14.844404+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Safe & Green Holdings refinances Lago Vista site with $5M note, net proceeds ~$1.34M","bullets":["LV Peninsula issued $5M promissory note secured by Lake Travis and McLean sites, due April 1, 2024, interest at prime+5.5% (floor 13.5%).","Net proceeds of ~$1.337M after $250K commission, $125K broker fees, $675K interest reserve, and repayment of $2M and $0.5M existing notes.","Press release states net proceeds of $2.0M, but 8-K details show $1.337M after deductions.","Loan guaranteed by SG DevCorp; prepayable without penalty.","Company says refinancing strengthens cash position and demonstrates asset value, non-dilutive financing."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-027556","json":"https://secwatch.observer/filing/0001213900-23-027556.json","markdown":"https://secwatch.observer/filing/0001213900-23-027556.md","text":"https://secwatch.observer/filing/0001213900-23-027556.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023994/000121390023027556/0001213900-23-027556-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023994/000121390023027556/ea176535-8k_safeandgreen.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T05:38:14.844404+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1ee080e903bc19e231b9b6945d0dc09f26d24e1a","claim":"OLENOX INDUSTRIES INC. incurred loan of $5,000,000 at prime rate as published in the Wall Street Journal (currently 8.0%) plus five an maturing April 1, 2024.","evidence_excerpt":"of Safe & Green Holdings Corp.(the “Company”), pursuant to a Loan Agreement, dated March 30, 2023 (the “Loan Agreement”), issued a promissory note, in the principal amount of $5,000,000 (the “LV Note”), secured by a Deed of Trust and Security Agreement, dated March 30, 2023 (the “Deed of Trust”) on DevCorp.’s Lake Travis project site in Lago Vista, Texas, a","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390023027556/0001213900-23-027556-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$5,000,000"},{"label":"Rate","value":"prime rate as published in the Wall Street Journal (currently 8.0%) plus five an"},{"label":"Maturity","value":"April 1, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"2b17bc7e8505e0876e298d3df3f5312b4dc1b5fc","claim":"OLENOX INDUSTRIES INC. entered into Deed of Trust and Security Agreement with LV Peninsula Holding LLC valued at Security for LV Note on Lake Travis project site (effective 2023-03-30).","evidence_excerpt":"secured by a Deed of Trust and Security Agreement, dated March 30, 2023 (the “Deed of Trust”) on DevCorp.’s Lake Travis project site in Lago Vista, Texas","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390023027556/0001213900-23-027556-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"LV Peninsula Holding LLC"},{"label":"Value","value":"Security for LV Note on Lake Travis project site"},{"label":"Effective","value":"2023-03-30"}],"fact_type":"material_agreement"},{"claim_id":"33c7ab335d04f3fbebfc300a4c43244423cabfd5","claim":"OLENOX INDUSTRIES INC. entered into Loan Agreement with LV Peninsula Holding LLC valued at $5,000,000 promissory note (effective 2023-03-31).","evidence_excerpt":"Item 1.01. Entry into a Material Definitive Agreement. On March 31, 2023, LV Peninsula Holding LLC (“LV Peninsula”), a Texas limited liability company and wholly owned affiliate of Safe and Green Development Corporation (“DevCorp.”), a wholly owned subsidiary of Safe & Green Holdings Corp.(the “Company”), pursuant to a Loan Agreement, dated March 30, 2023 (the “Loan Agreement”), issued a promissory note, in the principal amount of $5,000,000 (the “LV Note”), secured by a Deed of Trust and Security Agreement, dated March 30, 2023 (the “Deed of Trust”) on DevCorp.’s Lake Travis project site in Lago Vista, Texas, a related Assignment of Contract Rights, dated March 30, 2023 (“Assignment of Rights”), on DevCorp.’s Lake Travis project site in Lago Vista, Texas and McLean site in Durant, Oklahoma and a Mortgage, dated March 30, 2023 (“Mortgage”), on DevCorp.’s McLean site in Durant, Oklahoma.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390023027556/0001213900-23-027556-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"LV Peninsula Holding LLC"},{"label":"Value","value":"$5,000,000 promissory note"},{"label":"Effective","value":"2023-03-31"}],"fact_type":"material_agreement"},{"claim_id":"735b41a5bcede7267ca58e05ff220e6b9633ea6c","claim":"OLENOX INDUSTRIES INC. entered into Guaranty with Safe and Green Development Corporation valued at Guaranty of LV Note obligations (effective 2023-03-30).","evidence_excerpt":"The LV Peninsula obligations under the LV Note have been guaranteed by SG DevCorp. pursuant to a Guaranty, dated March 30, 2023 (the “Guaranty”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390023027556/0001213900-23-027556-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Safe and Green Development Corporation"},{"label":"Value","value":"Guaranty of LV Note obligations"},{"label":"Effective","value":"2023-03-30"}],"fact_type":"material_agreement"},{"claim_id":"841c5992eb64561bf566632d354be1659129ee37","claim":"OLENOX INDUSTRIES INC. entered into Assignment of Contract Rights with LV Peninsula Holding LLC valued at Assignment on Lake Travis and McLean sites (effective 2023-03-30).","evidence_excerpt":"a related Assignment of Contract Rights, dated March 30, 2023 (“Assignment of Rights”), on DevCorp.’s Lake Travis project site in Lago Vista, Texas and McLean site in Durant, Oklahoma","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390023027556/0001213900-23-027556-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"LV Peninsula Holding LLC"},{"label":"Value","value":"Assignment on Lake Travis and McLean sites"},{"label":"Effective","value":"2023-03-30"}],"fact_type":"material_agreement"},{"claim_id":"f5746e4d5ebec45584614401ada2cbada5430e85","claim":"OLENOX INDUSTRIES INC. entered into Mortgage with LV Peninsula Holding LLC valued at Mortgage on McLean site in Durant, Oklahoma (effective 2023-03-30).","evidence_excerpt":"arch 31, 2023, LV Peninsula Holding LLC (“LV Peninsula”), a Texas limited liability company and wholly owned affiliate of","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390023027556/0001213900-23-027556-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"LV Peninsula Holding LLC"},{"label":"Value","value":"Mortgage on McLean site in Durant, Oklahoma"},{"label":"Effective","value":"2023-03-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}