---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-086226"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2026-08-06T21:03:20+00:00"
generated_at: "2026-08-06T21:06:23.941607+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Olenox restates Q1-Q3 2025 financials; merger consideration overstated by $15.8M

## Summary
- Independent auditors notified Olenox on July 31, 2026 that Q1-Q3 2025 financials were materially incorrect.
- Error: acquisition-date fair value of 4M Series A Preferred shares issued in NAHD merger was $18.8M, not $34.6M.
- Correction reduces consideration transferred and goodwill by $15.8M; no impact on net loss, EPS, cash flows, or working capital.
- Company will amend and restate the three quarterly reports as soon as financials are completed and reviewed.
- Auditor has been asked to furnish a letter to the SEC agreeing with these disclosures.

## SEC filing metadata
- accession: 0001213900-26-086226
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2026-08-06T21:03:20+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390026086226/0001213900-26-086226-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390026086226/ea0300966-8k_olenox.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-086226
- JSON: https://secwatch.observer/filing/0001213900-26-086226.json
- Plain text: https://secwatch.observer/filing/0001213900-26-086226.txt

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