---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-088298"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2025-09-17T23:59:59+00:00"
generated_at: "2026-05-17T06:19:54.830527+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Safe & Green settles litigation for $2M payment; resolves judgment and appeals

## Summary
- EDI International PC to pay Safe & Green $2M by Oct 15, 2025 to settle lawsuit and dismiss appeals.
- Jury verdict in Nov 2024 favored Safe & Green; court later awarded $1.05M in fees and costs.
- Settlement includes mutual releases, non-disparagement, and confidentiality (with SEC disclosure exception).
- Payment triggers satisfaction of judgment and end of litigation, providing cash inflow.

## SEC filing metadata
- accession: 0001213900-25-088298
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2025-09-17T23:59:59+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390025088298/0001213900-25-088298-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390025088298/ea0257651-8k_safe.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-088298
- JSON: https://secwatch.observer/filing/0001213900-25-088298.json
- Plain text: https://secwatch.observer/filing/0001213900-25-088298.txt

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