---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-041045"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T04:39:22.278192+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Safe & Green Holdings raises $4M in private placement of common stock and warrants

## Summary
- Priced at $2.90 per unit: 1,379,310 shares or pre-funded warrants and 2,758,620 common warrants issued.
- Common warrants exercisable at $2.65, 5-year term from registration effective date; pre-funded warrants exercisable at $0.0001.
- Gross proceeds ~$4.0M; net proceeds for general corporate purposes and potential debt repayment.
- Closing on May 7, 2024; A.G.P./Alliance Global Partners acted as placement agent.

## SEC filing metadata
- accession: 0001213900-24-041045
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390024041045/0001213900-24-041045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390024041045/ea0205401-8k_safegreen.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-041045
- JSON: https://secwatch.observer/filing/0001213900-24-041045.json
- Plain text: https://secwatch.observer/filing/0001213900-24-041045.txt

## Key facts
- Material Agreements
  OLENOX INDUSTRIES INC. entered into Securities Purchase Agreement with a single accredited institutional investor valued at approximately $4.0 million (effective 2024-05-03).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: a single accredited institutional investor
  - Value: approximately $4.0 million
  - Effective: 2024-05-03
  source text: On May 3, 2024, Safe & Green Holdings Corp. (the “Company”) entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) for a private placement (the “Private Placement”) with a single accredited institutional investor (the “Purchaser”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023994/000121390024041045/0001213900-24-041045-index.htm

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