secwatch.observer — SEC 8-K summary
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Issuer:     OLENOX INDUSTRIES INC. (OLOX)
CIK:        0001023994
Form:       8-K
Filed at:   2026-08-10T23:58:22+00:00
Accession:  0001213900-26-087410
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Olenox amends stock purchase agreement with Generating Alpha: extends expiration to 2028
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- Amendment extends stock purchase agreement expiration from May 8, 2026 to August 3, 2028.
- New Section 2.3(b)(ix) lets Generating Alpha deduct up to 30% of Put proceeds for unpaid principal/interest on notes.
- Anti-dilution now applies only to share increases outside board/employee issuances, preferred conversions, and acquisitions.
- Removed True-Up (7.5) and Review of Public Disclosures (6.10) sections.
- Prohibits variable rate transactions with discounts >10%; 10,000-share penalty if registration not effective in 60 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023994/000121390026087410/0001213900-26-087410-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023994/000121390026087410/ea0301477-8k_olenox.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-087410

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer