{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-052945","form_type":"8-K","ticker":"OLOX","cik":"0001023994","company_name":"OLENOX INDUSTRIES INC.","filed_at":"2023-06-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.644090+00:00","generated_at":"2026-06-13T14:35:24.010349+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Safe & Green subsidiary secures up to $2M loan from BCV S&G at 14%, due Dec 2024","bullets":["Loan of up to $2,000,000 from BCV S&G DevCorp; $1,250,000 drawn to date.","Interest at 14% per annum, maturity December 1, 2024.","Secured by 1,999,999 shares (19.99% of SG DevCo) pledged by parent Safe & Green Holdings.","Additional collateral (St. Mary's, GA industrial site) required if Nasdaq listing not achieved by Aug 30, 2023 or pledged share value < 2x loan.","Fees: $70,000 origination, $27,500 annual maintenance, $37,500 broker fees."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-052945","json":"https://secwatch.observer/filing/0001213900-23-052945.json","markdown":"https://secwatch.observer/filing/0001213900-23-052945.md","text":"https://secwatch.observer/filing/0001213900-23-052945.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023994/000121390023052945/0001213900-23-052945-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023994/000121390023052945/ea181075-8k_safeandgreen.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T14:35:24.010349+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":"4e94acba9f77f69718853762549e6816b85c490b","claim":"OLENOX INDUSTRIES INC. incurred loan of up to $2,000,000 in proceeds, of which it has raised $1,250,000 to date with BCV S&G DevCorp at 14% per annum maturing December 1, 2024.","evidence_excerpt":"On June 23 2023, Safe and Green Development Corporation (“SG DevCo”), a wholly owned subsidiary of Safe & Green Holdings Corp. (the “Company”), entered into a Loan Agreement (the “BCV Loan Agreement”) with a Luxembourg-based specialized investment fund, BCV S&G DevCorp (“BCV S&G”), for up to $2,000,000 in proceeds, of which it has raised $1,250,000 to date.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390023052945/0001213900-23-052945-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"up to $2,000,000 in proceeds, of which it has raised $1,250,000 to date"},{"label":"Counterparty","value":"BCV S&G DevCorp"},{"label":"Rate","value":"14% per annum"},{"label":"Maturity","value":"December 1, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"5722dafd6ea12cb12a98d09556a672da2db928c0","claim":"OLENOX INDUSTRIES INC. entered into BCV Loan Agreement with BCV S&G DevCorp valued at up to $2,000,000 in proceeds (effective 2023-06-23).","evidence_excerpt":"On June 23 2023, Safe and Green Development Corporation (“SG DevCo”), a wholly owned subsidiary of Safe & Green Holdings Corp. (the “Company”), entered into a Loan Agreement (the “BCV Loan Agreement”) with a Luxembourg-based specialized investment fund, BCV S&G DevCorp (“BCV S&G”), for up to $2,000,000 in proceeds, of which it has raised $1,250,000 to date.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390023052945/0001213900-23-052945-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"BCV S&G DevCorp"},{"label":"Value","value":"up to $2,000,000 in proceeds"},{"label":"Effective","value":"2023-06-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}