secwatch.observer — SEC 8-K summary
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Issuer:     OLENOX INDUSTRIES INC. (OLOX)
CIK:        0001023994
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001213900-25-015448
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023994/000121390025015448/0001213900-25-015448-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023994/000121390025015448/ea0231543-8k_safe.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-015448

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