---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-081306"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2023-10-10T23:59:59+00:00"
generated_at: "2026-06-10T01:58:44.411814+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Safe & Green shareholders approve tripling authorized shares and 5M-share increase in stock plan

## Summary
- Authorized common stock increased from 25M to 75M shares (9.56M for, 684k against).
- Stock Incentive Plan increase: shares available raised by 5M to 8.625M (6.55M for, 717k against, 2.97M broker non-votes).
- Special meeting held Oct 5, 2023; all proposals passed with sufficient votes; no adjournment needed.

## SEC filing metadata
- accession: 0001213900-23-081306
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2023-10-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390023081306/0001213900-23-081306-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390023081306/ea186488-8k_safeandgreen.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-081306
- JSON: https://secwatch.observer/filing/0001213900-23-081306.json
- Plain text: https://secwatch.observer/filing/0001213900-23-081306.txt

## Key facts
- Shareholder Votes
  OLENOX INDUSTRIES INC. shareholders approved Adjournment of the 2023 Special Meeting, if the Board of Directors determines it to be necessary or appropriate at the 2023-10-05 meeting.
  - Outcome: passed
  - Meeting: 2023-10-05
  source text: Proposal 3— Adjournment of the 2023 Special Meeting, if the Board of Directors determines it to be necessary or appropriate, to solicit additional proxies if there are not sufficient votes in favor of any of Proposal 1 and/or Proposal 2. The stockholders approved, the adjournment of the 2023 Annual Meeting, based on the votes set forth below; however, an adjournment was not needed as Proposals 1 and 2 received a sufficient number of votes for approval: Votes For Votes Against Abstentions Broker Non-Votes 9,370,935 835,737 56,481 53
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023994/000121390023081306/0001213900-23-081306-index.htm
- Shareholder Votes
  OLENOX INDUSTRIES INC. shareholders approved Increase in Number of shares of Common Stock of our Stock Incentive Plan (the Plan) at the 2023-10-05 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-10-05
  source text: Proposal 2 . Increase in Number of shares of Common Stock of our Stock Incentive Plan (the “Plan”) . The amendment to the Plan, to increase the number of shares of Common Stock that the Company will have authority to grant under the Plan by 5,000,000 shares to 8,625,000 shares was approved based on the following votes: Votes For Votes Against Abstentions Broker Non-Votes 6,553,695 717,516 17,378 2,974,617
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023994/000121390023081306/0001213900-23-081306-index.htm
- Shareholder Votes
  OLENOX INDUSTRIES INC. shareholders approved Increase in Number of Authorized Shares of Common Stock at the 2023-10-05 meeting.
  - Outcome: passed
  - Meeting: 2023-10-05
  source text: Proposal 1. Increase in Number of Authorized Shares of Common Stock . The amendment to the Company’s Amended and Restated Certificate of Incorporation, as amended, to increase the number of authorized shares of common stock, par value $0.01 per share (“Common Stock”), from 25,000,000 to 75,000,000 was approved based on the following votes: Votes For Votes Against Abstentions Broker Non-Votes 9,560,972 684,561 17,673 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023994/000121390023081306/0001213900-23-081306-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.