Olenox Industries issues 900 Series C Preferred shares in second closing for $810K gross

OLENOX INDUSTRIES INC.

Issued 900 Series C Preferred shares with $900K stated value at $810K purchase price (10% discount) to JAK Industrial Ventures I.
Net proceeds to company approximately $718,300 after 7% placement agent fee to WestPark Capital and expenses.
Shares are convertible into common stock; Registration Rights Agreement filed to register resale of underlying shares.
Second closing under Nov 25, 2025 Securities Purchase Agreement; additional closings remain possible per terms.
Proceeds used for general corporate purposes; commission paid to placement agent.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

OLENOX INDUSTRIES INC. issued 900 shares of Series C Preferred Stock of preferred stock to institutional investor for aggregate purchase price of $810,000.

Security: preferred stock
Shares: 900 shares of Series C Preferred Stock
Purchaser: institutional investor
Consideration: aggregate purchase price of $810,000

Exact text from the filing

At the Second Closing, the Company issued and sold to the Purchaser 900 shares of Series C Preferred Stock (the “Additional Preferred Shares”), representing an aggregate Stated Value of $900,000, for an aggregate purchase price of $810,000.

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Source: SEC EDGAR

accession 0001213900-26-027183

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