secwatch.observer — SEC 8-K summary
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Issuer:     OLENOX INDUSTRIES INC. (OLOX)
CIK:        0001023994
Form:       8-K
Filed at:   2024-03-08T23:59:59+00:00
Accession:  0001213900-24-021129
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Safe & Green Holdings raises ~$494k via warrant exercise; issues new warrants for 3.8M shares
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- Gross proceeds ~$494,213 from cash exercise of 1,898,630 existing warrants at $0.2603/share.
- Issued new warrants to purchase 3,797,260 shares (200% of exercised) at $0.2603/share, exercisable after stockholder approval.
- Company agreed to seek stockholder approval within 60 days; no share issuance or registration statements for 30 days after closing.
- Closing expected March 12, 2024; Maxim Group receives 7% fee on gross proceeds plus $10k.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023994/000121390024021129/0001213900-24-021129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023994/000121390024021129/ea0201459-8k_safegreen.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-021129

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