---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-061792"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2026-05-28T12:30:18+00:00"
generated_at: "2026-05-28T12:34:54.642765+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Olenox acquires CS Digital for $30M upfront; launches gas-powered data center platform

## Summary
- Acquired 100% of CS Digital Ventures for $30M upfront ($14M Series D Preferred + $16M unsecured note) plus warrants.
- Sellers received warrants to purchase 1.5M shares at $5, $7, $9 per share; up to $20M earnout in preferred stock.
- CS Digital operates ~35 MW of installed power capacity; reported 2025 revenue of $20.6M and EBITDA of $6.2M.
- Conversion of preferred and exercise of warrants require stockholder approval under Nasdaq rules.
- Acquisition creates gas-powered, off-grid data center platform targeting power costs below $0.02/kWh.

## SEC filing metadata
- accession: 0001213900-26-061792
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2026-05-28T12:30:18+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.03, 2.01, 2.03, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390026061792/0001213900-26-061792-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390026061792/ea0292420-8k_olenox.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-061792
- JSON: https://secwatch.observer/filing/0001213900-26-061792.json
- Plain text: https://secwatch.observer/filing/0001213900-26-061792.txt

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