{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-022185","form_type":"8-K","ticker":"OLOX","cik":"0001023994","company_name":"OLENOX INDUSTRIES INC.","filed_at":"2025-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.729861+00:00","generated_at":"2026-05-25T00:43:17.815094+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 enters $360K convertible promissory note with GS Capital Partners","bullets":["Net proceeds of $300K after $60K original issue discount; 15% annual interest with first 12 months ($54K) guaranteed.","Monthly payments of $44K starting June 3, 2025, final payment due March 3, 2026.","Conversion price set at $0.65 per share, subject to shareholder approval under Nasdaq Rule 5635(d).","275,000 commitment shares issued as additional consideration; conversion capped at 4.99% beneficial ownership.","Event of default includes failure to pay or issue conversion shares; alternate conversion price of $0.52 post-default."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-022185","json":"https://secwatch.observer/filing/0001213900-25-022185.json","markdown":"https://secwatch.observer/filing/0001213900-25-022185.md","text":"https://secwatch.observer/filing/0001213900-25-022185.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023994/000121390025022185/0001213900-25-022185-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023994/000121390025022185/ea0233730-8k_safe.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T00:43:17.815094+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":"e9379674524e793de3f2911a9c5edde583864e5e","claim":"OLENOX INDUSTRIES INC. incurred convertible notes of $360,000 with GS Capital Partners, LLC at fifteen percent (15%) per annum maturing March 3, 2026.","evidence_excerpt":"On March 3, 2025 (the “Issue Date”), Safe & Green Holdings Corp. (the “Company”) executed and issued a Promissory Note (“Note”) in favor of GS Capital Partners, LLC (the “Lender”) in the aggregate principal amount of $360,000 (the “Principal”), and an accompanying Securities Purchase Agreement (the “SPA”) and Registration Rights Agreement (the “RRA”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390025022185/0001213900-25-022185-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$360,000"},{"label":"Counterparty","value":"GS Capital Partners, LLC"},{"label":"Rate","value":"fifteen percent (15%) per annum"},{"label":"Maturity","value":"March 3, 2026"},{"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"}