{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-070375","form_type":"8-K","ticker":"OLOX","cik":"0001023994","company_name":"OLENOX INDUSTRIES INC.","filed_at":"2026-06-22T12:00:20+00:00","discovered_at":"2026-06-22T12:05:00.230815+00:00","generated_at":"2026-06-22T12:06:41.653295+00:00","sec_items":["1.01","5.03","2.01","2.03","3.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Olenox acquires CS Digital Ventures for $30M upfront plus earnout; issues Series E preferred","bullets":["Acquired 100% of CS Digital for $30M upfront ($14M Series E preferred + $16M unsecured note) plus warrants for 1.5M shares at $5/$7/$9.","Up to $20M additional Series E earnout shares tied to cumulative revenue and Adjusted EBITDA milestones.","CS Digital operates 35 MW of installed power capacity for bitcoin mining and high-density compute workloads.","Series D preferred stock exchanged for Series E; conversion capped at 19.9% of outstanding common until stockholder approval obtained.","Seller note of $16M unsecured, customary terms; registration rights and non-compete covenants apply."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-070375","json":"https://secwatch.observer/filing/0001213900-26-070375.json","markdown":"https://secwatch.observer/filing/0001213900-26-070375.md","text":"https://secwatch.observer/filing/0001213900-26-070375.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023994/000121390026070375/0001213900-26-070375-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023994/000121390026070375/ea0295356-8k_olenox.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T12:06:41.653295+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d9cd41fc6b75de4df21fdab9722d075cc38b8c83","claim":"OLENOX INDUSTRIES INC. incurred debt of US$16,000,000 with CS Digital Ventures, LLC and the Sellers.","evidence_excerpt":"issued shares of the Company’s Series E Preferred Stock, par value $1.00 per share (the “Series E Preferred Stock”), issued at a stated value of $100.00 per share, and (b) US$16,000,000 in the form of an unsecured promissory note issued by the Company to the Sellers (the “Seller Note”); (ii) warrants to purchase an aggregate of 1,500,000 shares of the Company’s","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390026070375/0001213900-26-070375-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Principal","value":"US$16,000,000"},{"label":"Counterparty","value":"CS Digital Ventures, LLC and the Sellers"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"7d05e160de03cb1e68ea5d4653db77f05ed52582","claim":"OLENOX INDUSTRIES INC.: Filed Certificate of Designation of Series E Preferred Stock establishing rights, preferences, privileges and restrictions (effective 2026-06-17).","evidence_excerpt":"On June 17, 2026, in connection with the closing of the Acquisition, the Company filed a Certificate of Designation of Series E Preferred Stock (the “Certificate of Designation”) with the Secretary of State of the State of Delaware, establishing the rights, preferences, privileges and restrictions of the Series E Preferred Stock.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390026070375/0001213900-26-070375-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2026-06-17"}],"fact_type":"governance_change"},{"claim_id":"2c286018d34a9d713e87f301b68b2b01049ef661","claim":"OLENOX INDUSTRIES INC. completed an acquisition involving CS Digital Ventures, LLC for US$30,000,000 in upfront consideration (closed 2026-06-16).","evidence_excerpt":"Secretary of State on or about June 17, 2026. Aggregate Consideration. The aggregate consideration payable by the Company under the Amended Purchase Agreement consists of: (i) US$30,000,000 in upfront consideration, payable at closing, comprised of (a) US$14,000,000 in newly issued shares of the Company’s Series E Preferred Stock, par value $1.00 per share (the","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390026070375/0001213900-26-070375-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"CS Digital Ventures, LLC"},{"label":"Consideration","value":"US$30,000,000 in upfront consideration"},{"label":"Closing","value":"2026-06-16"}],"fact_type":"ma_transaction"},{"claim_id":"93c8ef8b940cc994e946e555a15cb7b9bec9b345","claim":"OLENOX INDUSTRIES INC. amended Amended Purchase Agreement with CS Digital Ventures, LLC valued at US$30,000,000 in upfront consideration (effective 2026-06-16).","evidence_excerpt":"On June 16, 2026, Olenox Industries Inc., a Delaware corporation (the “Company”), entered into an Amended and Restated Membership Interest Purchase Agreement (the “Amended Purchase Agreement”) with CS Digital Ventures, LLC","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390026070375/0001213900-26-070375-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"CS Digital Ventures, LLC"},{"label":"Value","value":"US$30,000,000 in upfront consideration"},{"label":"Effective","value":"2026-06-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}