{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-013427","form_type":"8-K","ticker":"OLOX","cik":"0001023994","company_name":"OLENOX INDUSTRIES INC.","filed_at":"2024-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.140973+00:00","generated_at":"2026-06-06T03:01:22.067517+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Safe & Green Holdings subsidiary acquires Majestic World Holdings for stock and cash","bullets":["SG DevCo pays 500,000 restricted shares and $500K cash for all MWH membership interests.","Cash consideration paid in five quarterly installments of $100K each starting Q1 2024.","68.25% of interests transferred at closing; remaining 31.75% in five equal quarterly installments.","SG DevCo will pay members 50% of net profits from MWH's real-estate SaaS technology for five years.","Transaction closed Feb 7, 2024; ancillary agreements include profit sharing and employment contracts."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-013427","json":"https://secwatch.observer/filing/0001213900-24-013427.json","markdown":"https://secwatch.observer/filing/0001213900-24-013427.md","text":"https://secwatch.observer/filing/0001213900-24-013427.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023994/000121390024013427/0001213900-24-013427-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023994/000121390024013427/ea193628-8k_safeandgreen.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T03:01:22.067517+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":"d5757b272d51efdc210aa1468f3ff1314cf44064","claim":"OLENOX INDUSTRIES INC. entered into Membership Interest Purchase Agreement with Majestic World Holdings LLC valued at 500,000 shares of SG DevCo's restricted stock and $500 thousand in cash (effective 2024-02-07).","evidence_excerpt":"On February 7, 2024, Safe and Green Development Corporation (“SG DevCo”), a majority owned subsidiary of Safe & Green Holdings Corp., acquired Majestic World Holdings LLC (“MWH”) pursuant to a Membership Interest Purchase Agreement (the “Purchase Agreement”), dated as of February 7, 2024, by and among SG DevCo , the members of MWH listed therein (the “Members”), MWH and Matthew A. Barstow, as Sellers Representative.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390024013427/0001213900-24-013427-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Majestic World Holdings LLC"},{"label":"Value","value":"500,000 shares of SG DevCo's restricted stock and $500 thousand in cash"},{"label":"Effective","value":"2024-02-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}