Olenox Industries Inc. entered into a Mutual Termination and Release Agreement on October 27, 2026, ending the Stock Purchase Agreement for an up to $100 million equity line of credit with an investor. No shares were sold under the original agreement. As consideration for the termination, Olenox agreed to issue approximately 298,604 shares of common stock within 14 business days. Additionally, if the company's 10-day volume weighted average price falls below $0.80 per share prior to April 27, 2027, it must issue additional shares to ensure the termination consideration retains a value of at least $258,440. The filing discloses these unregistered sales of equity securities exempt under Section 4(a)(2). Olenox Industries Inc. operates in the industrial manufacturing sector.
