secwatch.observer — SEC 8-K summary
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Issuer:     OLENOX INDUSTRIES INC. (OLOX)
CIK:        0001023994
Form:       8-K
Filed at:   2025-01-27T23:59:59+00:00
Accession:  0001213900-25-006735
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Safe & Green Holdings enters $100M equity line with Alumni Capital LP at 10% discount
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- ELOC allows SGBX to sell up to $100M of common stock to Alumni Capital at 90% of lowest 5-day VWAP.
- Per-purchase notice capped at $500K (waivable to $5M); beneficial ownership and Nasdaq exchange caps apply.
- Commitment period runs from Jan 21, 2025 through June 30, 2026, or earlier if full amount drawn.
- Company must file a resale registration statement within 5 business days and use best efforts for 120-day effectiveness.
- No obligation to draw; drawdowns subject to market conditions and other customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023994/000121390025006735/0001213900-25-006735-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023994/000121390025006735/ea0228778-8k_safe.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-006735

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