secwatch.observer — SEC 8-K summary
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Issuer:     OLENOX INDUSTRIES INC. (OLOX)
CIK:        0001023994
Form:       8-K
Filed at:   2025-05-16T23:59:59+00:00
Accession:  0001213900-25-044947
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023994/000121390025044947/0001213900-25-044947-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023994/000121390025044947/ea0242563-8k_safe.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-044947

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