---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-065539"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2025-07-18T23:59:59+00:00"
generated_at: "2026-05-18T05:32:01.949569+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Safe & Green restructures April warrants into Series B preferred to address Nasdaq concerns

## Summary
- Exchange of ~204M Series A and ~765M Series B warrants for 60,000 shares of new Series B Convertible Preferred Stock, $1,000 stated value.
- Conversion price is $0.392 per share; voting capped at 19.99% unless stockholder approval is obtained.
- Company commits to cease dilutive financing and pursue non-dilutive funding; seeks stockholder approval at special meeting on August 25, 2025.
- Registration rights agreement requires resale registration statement by July 28, 2025; liquidated damages waived if effective by July 31, 2025.
- Existing prefunded warrants and common shares from April financing retained; holding period tacks to warrants under Rule 144.

## SEC filing metadata
- accession: 0001213900-25-065539
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2025-07-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390025065539/0001213900-25-065539-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390025065539/ea0249197-8k_safe.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-065539
- JSON: https://secwatch.observer/filing/0001213900-25-065539.json
- Plain text: https://secwatch.observer/filing/0001213900-25-065539.txt

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