{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-117158","form_type":"8-K","ticker":"OLOX","cik":"0001023994","company_name":"OLENOX INDUSTRIES INC.","filed_at":"2025-12-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.573882+00:00","generated_at":"2026-05-16T15:37:00.149616+00:00","sec_items":["1.01","3.02","3.03","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Safe & Green Holdings Corp. raises $4.05 million via private placement of Series C convertible preferred stock","bullets":["Sold 4,500 Series C preferred shares at $1,000 stated value to JAK Industrial Ventures I LLC for initial proceeds of $4,050,000.","Conversion price is $3.19 per common share; additional up to 45,500 preferred shares may be issued at option of buyer or company.","Net proceeds after placement agent fees and expenses were approximately $2,799,500; WestPark Capital Inc. received 7% commission plus $25,000 expense reimbursement.","Series C preferred stock ranks senior to common stock for dividends and liquidation, and carries registration rights for resale."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-117158","json":"https://secwatch.observer/filing/0001213900-25-117158.json","markdown":"https://secwatch.observer/filing/0001213900-25-117158.md","text":"https://secwatch.observer/filing/0001213900-25-117158.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023994/000121390025117158/0001213900-25-117158-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023994/000121390025117158/ea0268041-8k_safe.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-16T15:37:00.149616+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"dd7357bc4884332e6685905904ec2f5ff0d57fd8","claim":"OLENOX INDUSTRIES INC. issued 4,500 shares of preferred stock to institutional investor for $4,050,000 ($3,150,000 payable at the initial closing and an additional $900,000 payable on the initial date of effectiveness of the registration statement regi.","evidence_excerpt":"On November 25, 2025, Safe & Green Holdings Corp. (the “ Company ”) consummated a private placement (the “ Private Placement ”) pursuant to a securities purchase agreement (the “ Purchase Agreement ”) with an institutional investor (the “ Purchaser ”) for the purchase and sale of 4,500 shares (the “ Initial Preferred Shares ”) of the Company’s series c preferred stock, $1.00 par value per share (the “ Series C Preferred Stock ”), for an initial purchase price of $4,050,000 ($3,150,000 payable at the initial closing and an additional $900,000 payable on the initial date of effectiveness of the registration statement registering the Securities).","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390025117158/0001213900-25-117158-index.htm","confidence":0.95,"family_label":"Equity Issuances","details":[{"label":"Security","value":"preferred stock"},{"label":"Shares","value":"4,500 shares"},{"label":"Purchaser","value":"institutional investor"},{"label":"Consideration","value":"$4,050,000 ($3,150,000 payable at the initial closing and an additional $900,000 payable on the initial date of effectiveness of the registration statement regi"}],"fact_type":"equity_issuance"},{"claim_id":"863f4bf72ad7effcfc359b68502ba59eaa1b9c15","claim":"OLENOX INDUSTRIES INC. entered into Purchase Agreement with an institutional investor valued at $4,050,000 (effective 2025-11-25).","evidence_excerpt":"On November 25, 2025, Safe & Green Holdings Corp. (the “ Company ”) consummated a private placement (the “ Private Placement ”) pursuant to a securities purchase agreement (the “ Purchase Agreement ”) with an institutional investor (the “ Purchaser ”) for the purchase and sale of 4,500 shares (the “ Initial Preferred Shares ”) of the Company’s series c preferred stock, $1.00 par value per share (the “ Series C Preferred Stock ”), for an initial purchase price of $4,050,000 ($3,150,000 payable at the initial closing and an additional $900,000 payable on the initial date of effectiveness of the registration statement registering the Securities).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390025117158/0001213900-25-117158-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"an institutional investor"},{"label":"Value","value":"$4,050,000"},{"label":"Effective","value":"2025-11-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}