---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-049692"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2025-06-02T23:59:59+00:00"
generated_at: "2026-05-20T02:19:35.649731+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Safe & Green signs LOI to buy Giant Containers for $3.5M; assumes $6.8M pipeline

## Summary
- LOI to acquire 100% of Giant Containers Inc. for $3.5M: $1.75M cash at close, $1.75M promissory note at 5% over 24 months.
- Giant has $6.8M+ active projects under contract; clients include Tesla, Nike, Live Nation, Houston Airport.
- Daniel Kroft, Giant's CEO, to become VP of Business Development at Safe & Green with $250K salary.
- Closing targeted by June 15, 2025; subject to due diligence and definitive agreements.
- Acquisition expands modular infrastructure capabilities and high-value project pipeline.

## SEC filing metadata
- accession: 0001213900-25-049692
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2025-06-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390025049692/0001213900-25-049692-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390025049692/ea0244181-8k_safe.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-049692
- JSON: https://secwatch.observer/filing/0001213900-25-049692.json
- Plain text: https://secwatch.observer/filing/0001213900-25-049692.txt

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