---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-053920"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2025-06-12T23:59:59+00:00"
generated_at: "2026-05-19T10:04:54.415040+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Safe & Green receives Nasdaq delisting notice for continued bid price deficiency

## Summary
- Nasdaq notified on June 11, 2025 that continued non-compliance with minimum $1 bid price rule adds to delisting basis.
- Company failed to regain compliance by June 10, 2025 deadline after Dec 12, 2024 initial notice.
- Will present compliance plan at Nasdaq hearing; stock trades as SGBX pending hearing outcome.
- No second grace period; Staff issued delist determination on June 11, 2025.

## SEC filing metadata
- accession: 0001213900-25-053920
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2025-06-12T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390025053920/0001213900-25-053920-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390025053920/ea0245628-8k_safe.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-053920
- JSON: https://secwatch.observer/filing/0001213900-25-053920.json
- Plain text: https://secwatch.observer/filing/0001213900-25-053920.txt

## Key facts
- Listing & Compliance Notices
  OLENOX INDUSTRIES INC. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: June 11, 2025, Safe & Green Holdings Corp. (the “Company”) was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that, based upon the Company’s continued non-compliance with the minimum $1.00 bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Rule”) as of June 10, 2025, the deficiency could serve as an additional basis for the delisting of the Company’s securities from Nasdaq. The Company plans to present its plan to regain compliance with the Rule at its upcoming hearing before the Nasdaq Hearings Panel. The notice no immediate ef
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023994/000121390025053920/0001213900-25-053920-index.htm

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