secwatch.observer — SEC 8-K summary
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Issuer:     OLENOX INDUSTRIES INC. (OLOX)
CIK:        0001023994
Form:       8-K
Filed at:   2025-06-12T23:59:59+00:00
Accession:  0001213900-25-053920
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023994/000121390025053920/0001213900-25-053920-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023994/000121390025053920/ea0245628-8k_safe.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-053920

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