---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-015448"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2025-02-20T23:59:59+00:00"
generated_at: "2026-05-26T07:54:00.912484+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Safe & Green closes merger with New Asia Holdings, issues 4M convertible preferred shares

## Summary
- Merger closed on Feb 13, 2025; NAHD becomes indirect wholly owned subsidiary of SGBX.
- Consideration: 4M Series A non-voting convertible preferred shares issued to NAHD shareholders.
- Each preferred share converts into 15 common shares, subject to common stockholder approval.
- All closing conditions under the Merger Agreement were satisfied or waived prior to closing.

## SEC filing metadata
- accession: 0001213900-25-015448
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2025-02-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390025015448/0001213900-25-015448-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390025015448/ea0231543-8k_safe.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-015448
- JSON: https://secwatch.observer/filing/0001213900-25-015448.json
- Plain text: https://secwatch.observer/filing/0001213900-25-015448.txt

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