secwatch.observer — SEC 8-K summary
======================================

Issuer:     OLENOX INDUSTRIES INC. (OLOX)
CIK:        0001023994
Form:       8-K
Filed at:   2024-12-16T23:59:59+00:00
Accession:  0001213900-24-109286
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Safe & Green Holdings receives Nasdaq bid price deficiency notice
-----------------------------------------------------------------

- Received Nasdaq notice on Dec 12, 2024 for failing $1.00 minimum bid for 30 consecutive business days.
- Has until June 10, 2025 to regain compliance by closing at $1.00+ for 10 consecutive days.
- If not compliant by June 10, 2025, may qualify for additional 180-day cure period.
- Company considering reverse stock split but no assurance of regaining compliance.
- Stock continues trading on Nasdaq Capital Market under SGBX; no immediate delisting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023994/000121390024109286/0001213900-24-109286-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023994/000121390024109286/ea0224928-8k_safeandgreen.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-109286

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer