{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-037250","form_type":"8-K","ticker":"OLOX","cik":"0001023994","company_name":"OLENOX INDUSTRIES INC.","filed_at":"2024-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.930077+00:00","generated_at":"2026-06-03T05:20:19.118618+00:00","sec_items":["3.01","5.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Safe & Green receives Nasdaq delisting notice for late filing; director resigns over audit dispute","bullets":["Nasdaq notified SGBX on Apr 19 it failed to timely file periodic reports under Listing Rule 5250(c)(1).","Company has until June 18, 2024 to submit a plan to regain compliance; extension possible until Oct 14, 2024.","Director Christopher Melton resigned Apr 17 due to disagreement with the company's 2023 audit practices.","Board reappointed Melton on Apr 23 as independent director and Audit Committee chair.","Melton will receive pro-rata cash retainer ($80K/yr) and RSUs ($80K/yr) under non-employee director program."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-037250","json":"https://secwatch.observer/filing/0001213900-24-037250.json","markdown":"https://secwatch.observer/filing/0001213900-24-037250.md","text":"https://secwatch.observer/filing/0001213900-24-037250.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023994/000121390024037250/0001213900-24-037250-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023994/000121390024037250/ea0204912-8k_safegreen.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T05:20:19.118618+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":"0def515708628a2c2dfb8843aaf35f3c7176e4ad","claim":"OLENOX INDUSTRIES INC. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).","evidence_excerpt":"April 19, 2024, Safe & Green Holdings Corp. (the “Company”) received a delinquency letter (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the continued listing requirements set forth in Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires timely filing of periodic reports with the Securities and Exchange Commission (the “SEC”) for continued listing. Nasdaq rules require public announcement to disclose the Company’s receipt of the Notice within four business days of receipt. In accordance with Nasdaq rules, the Company ha","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390024037250/0001213900-24-037250-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"late filing"},{"label":"Rules","value":"5250(c)(1)"}],"fact_type":"exchange_compliance_notice"},{"claim_id":"3442832592","claim":"Christopher Melton resigned as Director at OLENOX INDUSTRIES INC..","evidence_excerpt":"from Christopher Melton pursuant to which he resigned as a member of the Board, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390024037250/0001213900-24-037250-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"678859e131","claim":"Christopher Melton was appointed as Director at OLENOX INDUSTRIES INC..","evidence_excerpt":"on April 23, 2024, the Board appointed Mr. Melton to fill the vacancy that his resignation had created and to serve as an independent member of the Board","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390024037250/0001213900-24-037250-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}