secwatch.observer — SEC 8-K summary
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Issuer:     OLENOX INDUSTRIES INC. (OLOX)
CIK:        0001023994
Form:       8-K
Filed at:   2025-04-09T23:59:59+00:00
Accession:  0001213900-25-030095
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.01, 2.03, 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Safe & Green Holdings acquires County Line Industrial for $1M in assets
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- Purchase price $1,000,000 paid in cash: $125k at closing, $100k May 15, $250k July 15, $525k Jan 31, 2026; no interest.
- Assets include tangible personal property valued ~$233k, goodwill ~$767k, plus inventory, contracts, and permits.
- Hiring Carter Fields as General Manager and 7 key employees; 2-year non-compete within 250 miles of Durant, OK.
- Seller pays ~$92k vehicle obligations; Buyer pays $76k outstanding payable by May 1, 2025.
- Closing expected April 15, 2025; Buyer assumes no seller liabilities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023994/000121390025030095/0001213900-25-030095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023994/000121390025030095/ea0237670-8k_safe.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-030095

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