---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-032574"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2025-04-16T23:59:59+00:00"
generated_at: "2026-05-23T12:57:35.675570+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 closes ~$8M private placement of units with warrants at $0.392/unit

## Summary
- Gross proceeds of $8.0M from sale of 20,408,160 units; net proceeds ~$6.6M after fees.
- Each unit includes one share (or pre-funded warrant) plus Series A (strike $0.784, 5-yr) and Series B (strike $0.98, 2.5-yr) warrants, exercisable after stockholder approval.
- Net proceeds to be used for working capital, general corporate purposes, and equipment for expansion.
- Private placement closed April 14, 2025; securities not registered, sold only to accredited investors.
- Company agreed to file resale registration statement covering common shares and warrant shares by April 30, 2025.

## SEC filing metadata
- accession: 0001213900-25-032574
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2025-04-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390025032574/0001213900-25-032574-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390025032574/ea0238475-8k_safe.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-032574
- JSON: https://secwatch.observer/filing/0001213900-25-032574.json
- Plain text: https://secwatch.observer/filing/0001213900-25-032574.txt

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