{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-016633","form_type":"8-K","ticker":"OLOX","cik":"0001023994","company_name":"OLENOX INDUSTRIES INC.","filed_at":"2025-02-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.729464+00:00","generated_at":"2026-05-26T05:21:28.898037+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Safe & Green issues $360K convertible note to Firstfire Global; 15% interest, warrants, commitment shares","bullets":["Note principal $360,000; purchased at $300,000 (original issue discount $60,000); 15% annual interest.","First 12 months interest ($54,000) earned in full upon issuance; default interest at 18%.","Convertible into common stock at $0.65/share; warrant to purchase 450,000 shares at $0.80/share.","Company to issue 275,000 commitment shares after shareholder approval; note restricts dividends and asset sales."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-016633","json":"https://secwatch.observer/filing/0001213900-25-016633.json","markdown":"https://secwatch.observer/filing/0001213900-25-016633.md","text":"https://secwatch.observer/filing/0001213900-25-016633.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023994/000121390025016633/0001213900-25-016633-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023994/000121390025016633/ea0231947-8k_safe.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T05:21:28.898037+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9e683a93d09f510a427322f8219781f3497ca65b","claim":"OLENOX INDUSTRIES INC. incurred loan of $360,000 with Firstfire Global Opportunities Fund, LLC at fifteen percent (15%) per annum.","evidence_excerpt":"On February 12, 2025 (the “Issue Date”), Safe & Green Holdings Corp. (the “Company”) executed and issued a Promissory Note (“Note”) in favor of Firstfire Global Opportunities Fund, LLC (the “Lender”) in the aggregate principal amount of $360,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390025016633/0001213900-25-016633-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$360,000"},{"label":"Counterparty","value":"Firstfire Global Opportunities Fund, LLC"},{"label":"Rate","value":"fifteen percent (15%) per annum"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}