{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-022712","form_type":"8-K","ticker":"OLOX","cik":"0001023994","company_name":"OLENOX INDUSTRIES INC.","filed_at":"2024-03-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.141732+00:00","generated_at":"2026-06-04T16:29:34.081698+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Safe & Green Holdings issues $149,500 convertible promissory note to 1800 Diagonal Lending","bullets":["Principal $149,500; purchase price $130,000 (original issue discount $19,500).","One-time 10% interest on issuance; nine monthly payments of $18,272.23 starting April 15, 2024.","Default interest 22%; upon default after six months, lender can convert at greater of $0.08 or 65% of lowest closing bid over prior 10 days.","Conversion capped at 4.99% ownership and 19.99% of outstanding (waived upon Nasdaq delisting).","SPA contemplates up to $1,000,000 additional tranches over 12 months subject to further agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-022712","json":"https://secwatch.observer/filing/0001213900-24-022712.json","markdown":"https://secwatch.observer/filing/0001213900-24-022712.md","text":"https://secwatch.observer/filing/0001213900-24-022712.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023994/000121390024022712/0001213900-24-022712-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023994/000121390024022712/ea0201836-8k_safegreen.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T16:29:34.081698+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":"b52516fc90fe822f0cfc66531952b44bd958ace7","claim":"OLENOX INDUSTRIES INC. incurred loan of $149,500 with 1800 Diagonal Lending LLC at ten percent (10%) maturing nine monthly payments of accrued, unpaid interest and outstanding principal, subject to adjustment.","evidence_excerpt":"On March 5, 2024, Safe & Green Holdings Corp. (the “Company”) issued a Promissory Note (“Note”) in favor of 1800 Diagonal Lending LLC (the “Lender”) in the aggregate principal amount of $149,500 (the “Principal”), and an accompanying Securities Purchase Agreement, dated March 5, 2024 (the “SPA”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390024022712/0001213900-24-022712-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$149,500"},{"label":"Counterparty","value":"1800 Diagonal Lending LLC"},{"label":"Rate","value":"ten percent (10%)"},{"label":"Maturity","value":"nine monthly payments of accrued, unpaid interest and outstanding principal, subject to adjustment"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"126729c75c9876575fe996d715c0d68b5320078d","claim":"OLENOX INDUSTRIES INC. entered into Securities Purchase Agreement with 1800 Diagonal Lending LLC (effective 2024-03-05).","evidence_excerpt":"On March 5, 2024, Safe & Green Holdings Corp. (the “Company”) issued a Promissory Note (“Note”) in favor of 1800 Diagonal Lending LLC (the “Lender”) in the aggregate principal amount of $149,500 (the “Principal”), and an accompanying Securities Purchase Agreement, dated March 5, 2024 (the “SPA”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390024022712/0001213900-24-022712-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"1800 Diagonal Lending LLC"},{"label":"Effective","value":"2024-03-05"}],"fact_type":"material_agreement"},{"claim_id":"8b2c7fa8a0ed6f5b309950ccd92c44a66fd8710b","claim":"OLENOX INDUSTRIES INC. entered into Promissory Note with 1800 Diagonal Lending LLC valued at $149,500 (effective 2024-03-05).","evidence_excerpt":"On March 5, 2024, Safe & Green Holdings Corp. (the “Company”) issued a Promissory Note (“Note”) in favor of 1800 Diagonal Lending LLC (the “Lender”) in the aggregate principal amount of $149,500 (the “Principal”), and an accompanying Securities Purchase Agreement, dated March 5, 2024 (the “SPA”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390024022712/0001213900-24-022712-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"1800 Diagonal Lending LLC"},{"label":"Value","value":"$149,500"},{"label":"Effective","value":"2024-03-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}