---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-022207"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2025-03-10T23:59:59+00:00"
generated_at: "2026-05-25T00:43:34.218613+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Safe & Green Holdings enters $100M ELOC and $1.875M convertible note with Tysadco

## Summary
- ELOC agreement for up to $100M common stock; purchase price at 90% of lowest 5-day VWAP.
- Convertible promissory note up to $1.875M principal ($1.5M funded), 12% interest, matures Nov 30, 2025, conversion at $0.50/share.
- Issued 294,000 commitment shares as additional consideration for the note.
- Note has 25% original issue discount; default triggers 125% balance and $500/day penalty.
- Both agreements include 4.99% beneficial ownership limitation and require Nasdaq compliance.

## SEC filing metadata
- accession: 0001213900-25-022207
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2025-03-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390025022207/0001213900-25-022207-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390025022207/ea0233836-8k_safe.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-022207
- JSON: https://secwatch.observer/filing/0001213900-25-022207.json
- Plain text: https://secwatch.observer/filing/0001213900-25-022207.txt

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