---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-038873"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2026-04-02T23:59:59+00:00"
generated_at: "2026-05-15T07:46:33.974581+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Olenox shareholders approve 40x increase in authorized shares, reverse split; reject merger

## Summary
- Authorized common stock increased from 75M to 3B shares (40x), enabling massive potential dilution.
- Reverse stock split authorized at ratio of 1-for-10 to 1-for-20, with board to select exact ratio.
- Shareholders rejected merger with New Asia Holdings and conversion of Series A Preferred Stock.
- Approved issuances of >20% of outstanding common stock to Generating Alpha Ltd. and JAK Industrial Ventures I LLC.
- All seven director nominees elected; RBSM LLP ratified as auditor; say-on-pay and stock plan increase approved.

## SEC filing metadata
- accession: 0001213900-26-038873
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2026-04-02T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390026038873/0001213900-26-038873-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390026038873/ea0284721-8k_olenox.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-038873
- JSON: https://secwatch.observer/filing/0001213900-26-038873.json
- Plain text: https://secwatch.observer/filing/0001213900-26-038873.txt

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