OLENOX INDUSTRIES INC. (OLOX): Nasdaq/NYSE listing notice — Nasdaq grants Safe & Green continued listing subject to reverse split and warrant restructuring by Aug 28, 2025
OLENOX INDUSTRIES INC.
Nasdaq Panel grants continued listing on Capital Market with conditions to complete by August 28, 2025.
Must effect reverse stock split and achieve $1.00 bid price for 10 consecutive business days.
Must publicly disclose restructuring of April 2025 offering to eliminate Class B warrants and confirm no shares issued by July 18, 2025.
Company intends to satisfy conditions but cautions no assurance of compliance.
OLENOX INDUSTRIES INC. received a nasdaq hearing update notice regarding minimum bid price (rules 5550(a)(2)).
Exchange
nasdaq
Notice
hearing update
Deficiency
minimum bid price
Rules
5550(a)(2)
Exact text from the filing
July 8, 2025, Safe & Green Holdings Corp. (the “Company”) received a decision letter from the Nasdaq Hearings Panel (the “Panel”) granting the Company’s request for continued listing on the Nasdaq Capital Market. The decision is conditioned on the Company maintaining full compliance with all continued listing requirements of the Nasdaq Capital Market by August 28, 2025. On or before August 28, 2025, the Company must effect a reverse stock split and demonstrate compliance with Nasdaq Listing Rule 5550(a)(2) by achieving a closing bid price of $1.00 or more per share for at least ten (10) consec
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