Olenox Industries Inc. filed an amendment to correct drafting errors in the pro forma financial statements related to its May 26, 2026 acquisition of CS Digital Ventures LLC. The corrections clarify that Series E Preferred Stock was issued rather than Series D and fix earnout threshold references. The acquisition involved $30 million in upfront consideration, comprising $14 million in Series E Preferred Stock and a $16 million unsecured promissory note, plus warrants for 1.5 million common shares and up to $20 million in additional preferred stock based on revenue and Adjusted EBITDA milestones. The company operates in the oil and gas industry.
