{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-027595","form_type":"8-K","ticker":"OLOX","cik":"0001023994","company_name":"OLENOX INDUSTRIES INC.","filed_at":"2025-04-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.173114+00:00","generated_at":"2026-05-23T23:05:40.520018+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Safe & Green Holdings issues $375,700 promissory note with 15% interest to Generating Alpha Ltd.","bullets":["Principal $375,700 with $75,140 original issue discount; net proceeds $300,560.","Interest at 15% p.a.; first 12 months interest ($56,355) earned upfront; default rate 18%.","Monthly amortization payments of $43,205.50 from June 6, 2025 to March 6, 2026.","Note convertible at 80% of lowest closing price in prior 10 days; on default, Alternate Price limited to $0.52.","Subject to Nasdaq 19.99% cap; if exceeded, company seeks shareholder approval or repays in cash."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-027595","json":"https://secwatch.observer/filing/0001213900-25-027595.json","markdown":"https://secwatch.observer/filing/0001213900-25-027595.md","text":"https://secwatch.observer/filing/0001213900-25-027595.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023994/000121390025027595/0001213900-25-027595-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023994/000121390025027595/ea0236831-8k_safe.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T23:05:40.520018+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":"119ee7728e226e5d7575161077e244ca6cc454a8","claim":"OLENOX INDUSTRIES INC. incurred convertible notes of $375,700 with Generating Alpha Ltd. at fifteen percent (15%) per annum maturing March 6, 2026.","evidence_excerpt":"On March 27, 2025 (the “Issue Date”), Safe & Green Holdings Corp. (the “Company”) executed and issued a Promissory Note (“Note”) in favor of Generating Alpha Ltd. (the “Lender”) in the aggregate principal amount of $375,700 (the “Principal”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390025027595/0001213900-25-027595-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$375,700"},{"label":"Counterparty","value":"Generating Alpha Ltd."},{"label":"Rate","value":"fifteen percent (15%) per annum"},{"label":"Maturity","value":"March 6, 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"}