---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-051696"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2026-05-04T23:59:59+00:00"
generated_at: "2026-05-14T23:48:13.764326+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Subsidiary SG Echo LLC files Chapter 11; Olenox continues normal operations

## Summary
- Subsidiary SG Echo LLC filed voluntary Chapter 11 on April 28, 2026 in Eastern District of Oklahoma.
- Chapter 11 filing applies solely to SG Echo; Olenox and other subsidiaries continue normal operations.
- Filing accelerated ~$4M debt under Enhanced Loan Agreement; enforcement stayed by bankruptcy.
- SG Echo expects to reduce liabilities by an estimated $2 million through the reorganization plan.
- SG Echo's manufacturing facility was relocated to Conroe, Texas to improve operations.

## SEC filing metadata
- accession: 0001213900-26-051696
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2026-05-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.03, 2.04, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390026051696/0001213900-26-051696-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390026051696/ea0289100-8k_olenox.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-051696
- JSON: https://secwatch.observer/filing/0001213900-26-051696.json
- Plain text: https://secwatch.observer/filing/0001213900-26-051696.txt

## Key facts
- Debt Financings
  OLENOX INDUSTRIES INC. faced acceleration on loan of approximately $4 million (plus any accrued but unpaid interest in respect thereof) with Enhanced Capital Oklahoma Rural Fund, LLC.
  - Instrument: loan
  - Principal: approximately $4 million (plus any accrued but unpaid interest in respect thereof)
  - Counterparty: Enhanced Capital Oklahoma Rural Fund, LLC
  - Event: acceleration
  source text: The filing of the Chapter 11 Case constitutes an event of default that accelerated obligations under the following material debt instruments and agreements: (i) approximately $4 million (plus any accrued but unpaid interest in respect thereof) under that certain Loan and Security Agreement between SG Echo, LLC and Enhanced Capital Oklahoma Rural Fund, LLC, dated as of September 20, 2024 (the “Enhanced Loan Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023994/000121390026051696/0001213900-26-051696-index.htm
- Distress & Bankruptcy
  OLENOX INDUSTRIES INC. entered chapter 11 in United States Bankruptcy Court for the Eastern District of Oklahoma (petition 2026-04-28).
  - Proceeding: chapter 11
  - Court: United States Bankruptcy Court for the Eastern District of Oklahoma
  - Petition: 2026-04-28
  source text: On April 28, 2026, SG Echo LLC, a Delaware limited liability company (“SG Echo” or the “Debtor”), a wholly owned subsidiary of Olenox Industries, Inc., a Delaware corporation (the “Company”), commenced a voluntary case (the “Chapter 11 Case”) under title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Eastern District of Oklahoma (the “Bankruptcy Court”), to seek for a court-administered reorganization pursuant to a plan of reorganization (the “Plan”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023994/000121390026051696/0001213900-26-051696-index.htm

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