secwatch.observer — SEC 8-K summary
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Issuer:     OLENOX INDUSTRIES INC. (OLOX)
CIK:        0001023994
Form:       8-K
Filed at:   2026-03-13T23:59:59+00:00
Accession:  0001213900-26-027183
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023994/000121390026027183/0001213900-26-027183-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023994/000121390026027183/ea0281505-8k_olenox.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-027183

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