---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-123494"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2025-12-19T23:59:59+00:00"
generated_at: "2026-05-16T12:30:39.563253+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Safe & Green acquires Giant Group America for $3.5M; adds modular container building business

## Summary
- Purchase price $3.5M: $1M cash, $750k in 215k shares of SGBX stock, $1.75M promissory note at 5% interest.
- Target has $5M in current contracts and ~$22.5M in projects under review/proposal.
- Daniel Kroft hired as VP of Business Development at $250k base salary effective Jan 1, 2026.
- Closing occurred Dec 18, 2025; Giant becomes wholly owned subsidiary.
- Promissory note repayable in quarterly installments over 24 months starting April 15, 2026.

## SEC filing metadata
- accession: 0001213900-25-123494
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2025-12-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 2.03, 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390025123494/0001213900-25-123494-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390025123494/ea0270326-8k_safe.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-123494
- JSON: https://secwatch.observer/filing/0001213900-25-123494.json
- Plain text: https://secwatch.observer/filing/0001213900-25-123494.txt

## Key facts
- M&A Transactions
  OLENOX INDUSTRIES INC. completed an acquisition involving Daniel Kroft for $3,500,000 (closed 2025-12-18).
  - Action: acquisition
  - Counterparty: Daniel Kroft
  - Consideration: $3,500,000
  - Closing: 2025-12-18
  source text: Giant Containers Inc. (the “Subsidiary”), as a designer and seller of innovative modular shipping container buildings. The purchase price for the acquisition of Giant is $3,500,000 (the “Purchase Price”). The transaction includes the acquisition of Giant’s existing customers and business pipeline, with $5,000,000 of contracts currently under contract and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023994/000121390025123494/0001213900-25-123494-index.htm

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