---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-018329"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-25T22:33:15.944753+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Safe & Green regains Nasdaq compliance via Olenox merger; equity increased ~$60M

## Summary
- Nasdaq Panel closed listing matter after Company satisfied minimum equity standard (Rule 5550(b)(1)).
- Completed first stage of Olenox Corp. merger, increasing stockholders' equity by approximately $60 million.
- Conversion of preferred stock issued in merger requires shareholder approval and will trigger a change of control.
- Company will file initial listing application for combined entity upon change of control.
- Securities will continue trading on Nasdaq Capital Market.

## SEC filing metadata
- accession: 0001213900-25-018329
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390025018329/0001213900-25-018329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390025018329/ea0232486-8k_safe.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-018329
- JSON: https://secwatch.observer/filing/0001213900-25-018329.json
- Plain text: https://secwatch.observer/filing/0001213900-25-018329.txt

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