{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-032675","form_type":"8-K","ticker":"OLOX","cik":"0001023994","company_name":"OLENOX INDUSTRIES INC.","filed_at":"2025-04-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.173505+00:00","generated_at":"2026-05-23T11:24:43.364117+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Safe & Green issues $267K convertible note to Generating Alpha at 20% OID, 15% interest","bullets":["Net proceeds $213,600; original issue discount of $53,400 (20% of face).","Interest at 15% p.a.; first 12 months' interest ($40,050) earned upfront.","Monthly payments of $30,705 from July 2025 to April 2026.","Post-default conversion price floor of $0.52; optional redemption at 110%.","Company restricted from paying dividends or repurchasing stock without lender consent."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-032675","json":"https://secwatch.observer/filing/0001213900-25-032675.json","markdown":"https://secwatch.observer/filing/0001213900-25-032675.md","text":"https://secwatch.observer/filing/0001213900-25-032675.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023994/000121390025032675/0001213900-25-032675-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023994/000121390025032675/ea0238610-8k_safe.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T11:24:43.364117+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":"63d16a031253f7d1274252b993c424510345f8ae","claim":"OLENOX INDUSTRIES INC. incurred loan of $267,000 with Generating Alpha Ltd. at fifteen percent (15%) per annum maturing April 6, 2026.","evidence_excerpt":"On April 11, 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 $267,000 (the “Principal”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390025032675/0001213900-25-032675-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$267,000"},{"label":"Counterparty","value":"Generating Alpha Ltd."},{"label":"Rate","value":"fifteen percent (15%) per annum"},{"label":"Maturity","value":"April 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"}