Nasdaq notifies Safe & Green of delisting due to dilution from Series B warrants; company to appeal

OLENOX INDUSTRIES INC.

Nasdaq staff determined to delist SGBX under Rule 5101 over public interest concerns from substantial dilution from Series B warrants issued April 14, 2025.
Company received notification on May 13, 2025; appeal deadline is May 20, 2025; will submit compliance plan to Nasdaq Hearings Panel.
Company also plans to apply for trading on OTCQB market as contingency if delisted.
The delisting basis is additional to any prior deficiencies; Panel will consider at upcoming hearing.

item 3.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.