secwatch.observer — SEC 8-K summary
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Issuer:     OLENOX INDUSTRIES INC. (OLOX)
CIK:        0001023994
Form:       8-K
Filed at:   2025-04-16T23:59:59+00:00
Accession:  0001213900-25-032574
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Safe & Green Holdings closes ~$8M private placement of units with warrants at $0.392/unit
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023994/000121390025032574/0001213900-25-032574-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023994/000121390025032574/ea0238475-8k_safe.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-032574

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