Mergers & Acquisitions ·
Olenox Industries Inc. completed the acquisition of 100% of CS Digital Ventures, LLC, a digital infrastructure company…
OLOXOlenox Industries Inc.
Olenox Industries Inc. completed the acquisition of 100% of CS Digital Ventures, LLC, a digital infrastructure company with 35 megawatts of installed power capacity. The $30,000,000 transaction included $14,000,000 in Series E Preferred Stock, a $16,000,000 unsecured promissory note, and warrants to purchase 1,500,000 shares of common stock. The company also entered into an exchange agreement to swap Series D Preferred Stock for Series E Preferred Stock. Olenox Industries Inc. operates in the digital infrastructure and energy-intensive data center sector.