secwatch / observer

OLENOX INDUSTRIES INC. — fact timeline

Source-grounded facts extracted from OLENOX INDUSTRIES INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

OLOX OLENOX INDUSTRIES INC. JSON
Governance Changes

OLENOX INDUSTRIES INC.: Filed Certificate of Designation of Series E Preferred Stock establishing rights, preferences, privileges and restrictions (effective 2026-06-17).

“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.”
M&A Transactions

OLENOX INDUSTRIES INC. completed an acquisition involving CS Digital Ventures, LLC for US$30,000,000 in upfront consideration (closed 2026-06-16).

“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”
Debt Financings

OLENOX INDUSTRIES INC. incurred debt of US$16,000,000 with CS Digital Ventures, LLC and the Sellers.

“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”
Material Agreements

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).

“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”

Patricia Kaelin departed as Chief Financial Officer at OLENOX INDUSTRIES INC..

“On June 5, 2026, Olenox Industries, Inc. (the “Company”) informed Patricia Kaelin, Chief Financial Officer of the Company, of her dismissal from the Company, and the Company received a resignation letter back from her the same day.”

Erik Blum was appointed as President at OLENOX INDUSTRIES INC..

“On May 28, 2026, Olenox Industries Inc. (the “Company”) appointed Erik Blum as the Company’s President effective June 1, 2026”
Material Agreements

OLENOX INDUSTRIES INC. entered into Membership Interest Purchase Agreement with CS Digital Ventures, LLC valued at US$30,000,000 (effective 2026-05-26).

“On May 26, 2026, Olenox Industries Inc., a Delaware corporation (the “Company”), entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with CS Digital Ventures, LLC, a Delaware limited liability company (“CS Digital”), the members of CS Digital listed on the signature page thereto (collectively, the “Sellers”), and Bernardo Schucman, in his capacity as the seller representative (the “Seller Representative”).”
Debt Financings

OLENOX INDUSTRIES INC. incurred loan of US$16,000,000 with the Sellers.

“the Company issued the Seller Note to the Sellers in the aggregate principal amount of US$16,000,000.”
Governance Changes

OLENOX INDUSTRIES INC.: Filed Certificate of Designation establishing Series D Preferred Stock rights, preferences, privileges and restrictions (effective 2026-05-26).

“On May 26, 2026, in connection with the closing of the Acquisition, the Company filed a Certificate of Designation of Series D 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 D Preferred Stock.”
M&A Transactions

OLENOX INDUSTRIES INC. completed an acquisition involving CS Digital Ventures, LLC for 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 D Preferred Stock, par (closed 2026-05-26).

“of CS Digital (the “Acquisition”) on the same date. Aggregate Consideration. The aggregate consideration payable by the Company under the 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 D Preferred Stock, par value $1.00 per share (the”
Governance Changes

OLENOX INDUSTRIES INC.: Amended certificate of incorporation to effect a 1-for-10 reverse stock split of common stock (effective 2026-05-08).

“On May 7, 2026, Olenox Industries Inc., a Delaware corporation (the “Company”), filed with the Secretary of State of the State of Delaware a Certificate of Amendment to its Amended and Restated Certificate of Incorporation (the “Amendment”). The Amendment became effective as of 12:01 a.m. Eastern Time on May 8, 2026.”
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.

“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”).”
Distress & Bankruptcy

OLENOX INDUSTRIES INC. entered chapter 11 in United States Bankruptcy Court for the Eastern District of Oklahoma (petition 2026-04-28).

“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”).”
Equity Issuances

OLENOX INDUSTRIES INC. issued 900 shares of Series C Preferred Stock of preferred stock to institutional investor for aggregate purchase price of $810,000.

“At the Second Closing, the Company issued and sold to the Purchaser 900 shares of Series C Preferred Stock (the “Additional Preferred Shares”), representing an aggregate Stated Value of $900,000, for an aggregate purchase price of $810,000.”
Material Agreements

OLENOX INDUSTRIES INC. entered into Settlement Agreement with Cedar Advance LLC valued at $1,732,500 (effective 2026-02-10).

“On February 10, 2026 (the “Effective Date”), Olenox Industries Inc. (the “Company”), executed a mutual settlement and release agreement (the “Settlement Agreement”) with Cedar Advance LLC (“Cedar”), to resolve the outstanding balance of $1,732,500 (the “Balance”) owed by the Company pursuant to those certain Standard Merchant Cash Advance Agreements between the Company and Cedar.”
Governance Changes

OLENOX INDUSTRIES INC.: Changed company name from Safe & Green Holdings Corp. to Olenox Industries Inc. via Certificate of Amendment to Amended and Restated Certificate of Incorporation (effective 2026-01-22).

“On January 7, 2026, Safe & Green Holdings Corp. (the “ Company ”) changed its name to Olenox Industries Inc. by filing a Certificate of Amendment to its Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware (the “ Name Change ”).”
Auditor Changes

OLENOX INDUSTRIES INC. engaged RBSM LLP as its auditor.

“Item 4.01 Changes in Registrant’s Certifying Accountant New Independent Accountants On January 20, 2026, RBSM LLP (“RBSM”) Certified Public Accountants, were appointed by the Company to audit our financial statements for the year ended December 31, 2025.”
Auditor Changes

M&K CPAS, PLLC resigned as auditor of OLENOX INDUSTRIES INC..

“ormal notice that our independent auditors, M&K CPAS, PLLC (“M&K”), had made the decision to resign as our independent auditors effective January 6, 2026. On January 9, 2026, our Board of Directors voted to unanimously accept the resignation. M&K audited the financial statements of the Company for two years ended 2024.”
M&A Transactions

OLENOX INDUSTRIES INC. completed an acquisition involving Daniel Kroft for $3,500,000 (closed 2025-12-18).

“Giant Containers Inc. (the “Subsidiary”), as a designer and seller of innovative modular shipping container buildings. The purchase price for the acquisition of Giant is $3,500,000 (the “Purchase Price”). The transaction includes the acquisition of Giant’s existing customers and business pipeline, with $5,000,000 of contracts currently under contract and”
Material Agreements

OLENOX INDUSTRIES INC. entered into Purchase Agreement with an institutional investor valued at $4,050,000 (effective 2025-11-25).

“On November 25, 2025, Safe & Green Holdings Corp. (the “ Company ”) consummated a private placement (the “ Private Placement ”) pursuant to a securities purchase agreement (the “ Purchase Agreement ”) with an institutional investor (the “ Purchaser ”) for the purchase and sale of 4,500 shares (the “ Initial Preferred Shares ”) of the Company’s series c preferred stock, $1.00 par value per share (the “ Series C Preferred Stock ”), for an initial purchase price of $4,050,000 ($3,150,000 payable at the initial closing and an additional $900,000 payable on the initial date of effectiveness of the registration statement registering the Securities).”
Equity Issuances

OLENOX INDUSTRIES INC. issued 4,500 shares of preferred stock to institutional investor for $4,050,000 ($3,150,000 payable at the initial closing and an additional $900,000 payable on the initial date of effectiveness of the registration statement regi.

“On November 25, 2025, Safe & Green Holdings Corp. (the “ Company ”) consummated a private placement (the “ Private Placement ”) pursuant to a securities purchase agreement (the “ Purchase Agreement ”) with an institutional investor (the “ Purchaser ”) for the purchase and sale of 4,500 shares (the “ Initial Preferred Shares ”) of the Company’s series c preferred stock, $1.00 par value per share (the “ Series C Preferred Stock ”), for an initial purchase price of $4,050,000 ($3,150,000 payable at the initial closing and an additional $900,000 payable on the initial date of effectiveness of the registration statement registering the Securities).”
Governance Changes

OLENOX INDUSTRIES INC.: Amended certificate of incorporation to effect a 1-for-64 reverse stock split (effective 2025-09-08).

“On September 4, 2025, Safe & Green Holdings Corp., a Delaware corporation (the “Company”), filed with the Secretary of State of the State of Delaware a Certificate of Amendment to its Amended and Restated Certificate of Incorporation (the “Amendment”). The Amendment became effective as of 12:01 a.m. Eastern Time on September 8, 2025.”
Listing & Compliance Notices

OLENOX INDUSTRIES INC. received a nasdaq hearing update notice regarding minimum bid price (rules 5550(a)(2)).

“July 8, 2025, Safe & Green Holdings Corp. (the “Company”) received a decision letter from the Nasdaq Hearings Panel (the “Panel”) granting the Company’s request for continued listing on the Nasdaq Capital Market. The decision is conditioned on the Company maintaining full compliance with all continued listing requirements of the Nasdaq Capital Market by August 28, 2025. On or before August 28, 2025, the Company must effect a reverse stock split and demonstrate compliance with Nasdaq Listing Rule 5550(a)(2) by achieving a closing bid price of $1.00 or more per share for at least ten (10) consec”
Listing & Compliance Notices

OLENOX INDUSTRIES INC. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).

“June 11, 2025, Safe & Green Holdings Corp. (the “Company”) was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that, based upon the Company’s continued non-compliance with the minimum $1.00 bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Rule”) as of June 10, 2025, the deficiency could serve as an additional basis for the delisting of the Company’s securities from Nasdaq. The Company plans to present its plan to regain compliance with the Rule at its upcoming hearing before the Nasdaq Hearings Panel. The notice no immediate ef”
Debt Financings

OLENOX INDUSTRIES INC. incurred credit facility of $2,000,000 with Prosperity Bank at five percent (5%) per annum maturing June 2, 2026.

“On June 3, 2025 (the “Effective Date”), Olenox Corp. (the “Borrower”), a wholly owned subsidiary of Safe & Green Holdings Corp. (the “Company”), entered into a Promissory Note (the “Note”) in favor of Prosperity Bank (the “Lender”) in the aggregate principal amount of $2,000,000 (the “Principal”).”

Samarth Verma was appointed as Director at OLENOX INDUSTRIES INC..

“On May 21, 2025, the Board appointed Samarth Verma as a director of the Company to fill the vacancy created by Shafron Hawkins' resignation.”

Shafron Hawkins resigned as Director at OLENOX INDUSTRIES INC..

“Shafron Hawkins, a member of the Board of Directors (the “Board”) of Safe & Green Holdings Corp. (the “Company”), notified the Company of his decision to resign, effective May 21, 2025, from his position as a member of the Board and as a member of the following Board committees: the Audit Committee; the Compensation Committee; and the Nominating, Environmental, Social and Corporate Governance Committee.”
Listing & Compliance Notices

OLENOX INDUSTRIES INC. received a nasdaq delisting notice notice regarding other (rules 5101).

“May 13, 2025, Safe & Green Holdings Corp. (the “Company”) received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), stating that based on its review of the Company’s public filings with the Securities and Exchange Commission (the “SEC”), its staff has determined to delist the Company’s securities pursuant to its discretionary authority under Listing Rule 5101. Specifically, as set forth in the letter, Nasdaq’s staff determined that the Company’s issuance of securities pursuant to the securities purchase agreement dated April 14, 2025”
Debt Financings

OLENOX INDUSTRIES INC. incurred loan of $267,000 with Generating Alpha Ltd. at fifteen percent (15%) per annum maturing April 6, 2026.

“On April 11, 2025 (the “Issue Date”), Safe & Green Holdings Corp. (the “Company”) executed and issued a Promissory Note (“Note”) in favor of Generating Alpha Ltd. (the “Lender”) in the aggregate principal amount of $267,000 (the “Principal”)”
Debt Financings

OLENOX INDUSTRIES INC. incurred convertible notes of $375,700 with Generating Alpha Ltd. at fifteen percent (15%) per annum maturing March 6, 2026.

“On March 27, 2025 (the “Issue Date”), Safe & Green Holdings Corp. (the “Company”) executed and issued a Promissory Note (“Note”) in favor of Generating Alpha Ltd. (the “Lender”) in the aggregate principal amount of $375,700 (the “Principal”)”
Debt Financings

OLENOX INDUSTRIES INC. incurred convertible notes of $360,000 with GS Capital Partners, LLC at fifteen percent (15%) per annum maturing March 3, 2026.

“On March 3, 2025 (the “Issue Date”), Safe & Green Holdings Corp. (the “Company”) executed and issued a Promissory Note (“Note”) in favor of GS Capital Partners, LLC (the “Lender”) in the aggregate principal amount of $360,000 (the “Principal”), and an accompanying Securities Purchase Agreement (the “SPA”) and Registration Rights Agreement (the “RRA”).”
Debt Financings

OLENOX INDUSTRIES INC. incurred loan of $360,000 with Firstfire Global Opportunities Fund, LLC at fifteen percent (15%) per annum.

“On February 12, 2025 (the “Issue Date”), Safe & Green Holdings Corp. (the “Company”) executed and issued a Promissory Note (“Note”) in favor of Firstfire Global Opportunities Fund, LLC (the “Lender”) in the aggregate principal amount of $360,000”

Jim Pendergast was appointed as Chief Operating Officer at OLENOX INDUSTRIES INC..

“On January 16, 2025, Safe & Green Holdings Corp (the “Company”) appointed Jim Pendergast as the Company’s Chief Operating Officer and entered into an employment agreement with Mr. Pendergast”

Michael McLaren was appointed as director at OLENOX INDUSTRIES INC..

“On January 3, 2025, the Board of Directors (the “Board”) appointed Michael McLaren as a director of the Company.”

Michael McLaren was appointed as Chief Executive Officer at OLENOX INDUSTRIES INC..

“On January 3, 2025, the Board of Directors (the “Board”) of Safe & Green Holdings Corp (the “Company”) approved the appointment of Michael McLaren as the Company’s Chief Executive Officer”
Listing & Compliance Notices

OLENOX INDUSTRIES INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

“December 12, 2024, Safe & Green Holdings Corp. (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that for the preceding 30 consecutive business days (October 30, 2024 through December 11, 2024), the Company’s common stock did not maintain a minimum closing bid price of $1.00 per share (the “Minimum Bid Price Requirement”) as required by Nasdaq Listing Rule 5550(a)(2). The notice has no immediate effect on the listing or trading of the Company’s common stock and the common stock will continue to trade on”

Paul Galvin departed as Chief Executive Officer at OLENOX INDUSTRIES INC..

“Mr. Galvin’s employment with the Company as its Chief Executive Officer will terminate effective as of the close of business on December 31, 2024”

David Villarreal resigned as Director at OLENOX INDUSTRIES INC..

“On October 18, 2024, David Villarreal, a member of the Board of Directors (the “Board”) of Safe & Green Holdings Corp. (the “Company”), notified the Company of his decision to resign from the Board, effective October 18, 2024.”
Material Agreements

OLENOX INDUSTRIES INC. entered into Securities Purchase Agreement with a single accredited institutional investor valued at approximately $4.0 million (effective 2024-05-03).

“On May 3, 2024, Safe & Green Holdings Corp. (the “Company”) entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) for a private placement (the “Private Placement”) with a single accredited institutional investor (the “Purchaser”).”
Governance Changes

OLENOX INDUSTRIES INC.: Filed an amendment to its Amended and Restated Certificate of Incorporation to effect a 1-for-20 reverse stock split, effective May 2, 2024 (effective 2024-05-02).

“On May 1, 2024, Safe & Green Holdings Corp., a Delaware corporation (the “Company”), filed an amendment (the “Amendment”) to its Amended and Restated Certificate of Incorporation (the “Restated Certificate”) with the Secretary of State of the State of Delaware to effect a reverse stock split of the Company’s common stock, par value $0.01 (the “Common Stock”), at a ratio of 1-for-20 (the “Reverse Stock Split”), with an effective time of 12:01 a.m. Eastern Time on May 2, 2024 (the “Effective Time”).”
Listing & Compliance Notices

OLENOX INDUSTRIES INC. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“April 19, 2024, Safe & Green Holdings Corp. (the “Company”) received a delinquency letter (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the continued listing requirements set forth in Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires timely filing of periodic reports with the Securities and Exchange Commission (the “SEC”) for continued listing. Nasdaq rules require public announcement to disclose the Company’s receipt of the Notice within four business days of receipt. In accordance with Nasdaq rules, the Company ha”

Christopher Melton was appointed as Director at OLENOX INDUSTRIES INC..

“on April 23, 2024, the Board appointed Mr. Melton to fill the vacancy that his resignation had created and to serve as an independent member of the Board”

Christopher Melton resigned as Director at OLENOX INDUSTRIES INC..

“from Christopher Melton pursuant to which he resigned as a member of the Board, effective immediately.”
Debt Financings

OLENOX INDUSTRIES INC. incurred loan of $149,500 with 1800 Diagonal Lending LLC at ten percent (10%) maturing nine monthly payments of accrued, unpaid interest and outstanding principal, subject to adjustment.

“On March 5, 2024, Safe & Green Holdings Corp. (the “Company”) issued a Promissory Note (“Note”) in favor of 1800 Diagonal Lending LLC (the “Lender”) in the aggregate principal amount of $149,500 (the “Principal”), and an accompanying Securities Purchase Agreement, dated March 5, 2024 (the “SPA”).”
Material Agreements

OLENOX INDUSTRIES INC. entered into Promissory Note with 1800 Diagonal Lending LLC valued at $149,500 (effective 2024-03-05).

“On March 5, 2024, Safe & Green Holdings Corp. (the “Company”) issued a Promissory Note (“Note”) in favor of 1800 Diagonal Lending LLC (the “Lender”) in the aggregate principal amount of $149,500 (the “Principal”), and an accompanying Securities Purchase Agreement, dated March 5, 2024 (the “SPA”).”
Material Agreements

OLENOX INDUSTRIES INC. entered into Securities Purchase Agreement with 1800 Diagonal Lending LLC (effective 2024-03-05).

“On March 5, 2024, Safe & Green Holdings Corp. (the “Company”) issued a Promissory Note (“Note”) in favor of 1800 Diagonal Lending LLC (the “Lender”) in the aggregate principal amount of $149,500 (the “Principal”), and an accompanying Securities Purchase Agreement, dated March 5, 2024 (the “SPA”).”
Material Agreements

OLENOX INDUSTRIES INC. entered into Inducement Agreement with a certain holder of warrants to purchase shares of the Company’s common stock valued at approximately $494,213 (effective 2024-03-08).

“On March 8, 2024, Safe & Green Holdings Corp. (the “Company”) entered into a warrant inducement agreement (the “Inducement Agreement”) with a certain holder (the “Holder”) of warrants to purchase shares of the Company’s common stock”
Material Agreements

OLENOX INDUSTRIES INC. entered into Cash Advance Agreement with Bridgecap Advance LLC valued at $224,850 of their future receivables for a purchase price of $150,000 (effective 2024-02-23).

“On February 23, 2024, SG Building Blocks, Inc. (“SG Building Blocks”), a wholly owned subsidiary of Safe & Green Holdings Corp.(the “Company”), and the Company’s wholly owned subsidiary, SG Echo, LLC (“SG Echo”, and together with SG Building Blocks, the “Merchants”), entered into a Cash Advance Agreement (“Cash Advance Agreement”) with Bridgecap Advance LLC (“Bridgecap”) pursuant to which the Merchants sold to Bridgecap $224,850 of their future receivables for a purchase price of $150,000, less underwriting fees and expenses paid, for net funds provided of $135,000.”
Debt Financings

OLENOX INDUSTRIES INC. incurred convertible notes of $250,000 with Peak One Opportunity Fund, L.P. at 8% per annum maturing twelve months from its date of issuance.

“SG DevCo issued an 8% convertible debenture in the principal amount of $250,000 (the “Second Debenture”) to Peak One”
Material Agreements

OLENOX INDUSTRIES INC. amended Amendment with Peak One Opportunity Fund, L.P. (effective 2024-02-15).

“On February 15, 2024, Safe and Green Development Corporation (“SG DevCo”), a majority owned subsidiary of Safe & Green Holdings Corp., entered into an amendment (the “Amendment”) to the Securities Purchase Agreement, dated November 30, 2023 (the “Purchase Agreement”) with Peak One Opportunity Fund, L.P. (“Peak One”), pursuant to which SG DevCo agreed to issue, in a private placement offering (the “Offering”) upon the satisfaction of certain conditions specified in the Purchase Agreement, two Debentures to Peak One in the aggregate principal amount of $1,200,000.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.