secwatch.observer — SEC 8-K summary
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Issuer:     OLENOX INDUSTRIES INC. (OLOX)
CIK:        0001023994
Form:       8-K
Filed at:   2025-12-02T23:59:59+00:00
Accession:  0001213900-25-117158
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 3.02, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud

Safe & Green Holdings Corp. raises $4.05 million via private placement of Series C convertible preferred stock
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023994/000121390025117158/0001213900-25-117158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023994/000121390025117158/ea0268041-8k_safe.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-117158

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