secwatch.observer — SEC 8-K summary
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Issuer:     OLENOX INDUSTRIES INC. (OLOX)
CIK:        0001023994
Form:       8-K
Filed at:   2023-05-19T23:59:59+00:00
Accession:  0001213900-23-041551
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Safe & Green receives Nasdaq minimum bid price deficiency notice; 180-day cure until Nov 13, 2023
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- Nasdaq notice on May 17, 2023 for failure to maintain $1.00 minimum bid price for 30 consecutive business days (Apr 4 - May 16, 2023).
- Company has 180 calendar days, until November 13, 2023, to regain compliance by closing bid price >= $1.00 for 10 consecutive business days.
- If not compliant by Nov 13, may be eligible for a second compliance period if meeting other listing requirements; considering reverse stock split option.
- No immediate impact on listing; common stock continues trading on Nasdaq Capital Market under symbol SGBX.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023994/000121390023041551/0001213900-23-041551-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023994/000121390023041551/ea178955-8k_safeandgreen.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-041551

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