Olenox Industries Inc. entered into an Amendment Agreement with General Alpha Ltd. on August 4, 2026, modifying the terms of their May 29, 2025 Stock Purchase and Registration Rights Agreements. Key changes include extending the purchase agreement expiration to August 3, 2028, updating the company name from Safe & Green Holdings Corp., and narrowing anti-dilution protections to exclude shares issued for employee compensation, preferred stock conversions, or acquisitions. The amendment removes True-Up and Review of Public Disclosures sections, permits the purchaser to deduct up to 30% of put amounts against outstanding debt, and restricts variable rate transactions offering discounts exceeding ten percent. Olenox Industries Inc. operates in the industrial manufacturing sector.

Olenox Industries Inc. announced on July 31, 2026, that its independent auditors identified material errors in the unaudited condensed consolidated financial statements for the quarters ended March 31, June 30, and September 30, 2025. The error stemmed from an incorrect calculation of the acquisition-date fair value of 4,000,000 Series A Preferred Stock shares issued as consideration in its merger with New Asia Holdings, Inc. Management concluded on August 3, 2026, that these prior financial statements should no longer be relied upon. The correction reduces recorded goodwill and preferred stock equity by $15,769,600 but does not impact net loss, EPS, cash flows, or working capital. The company plans to file amended quarterly reports once reviewed by its auditor. Olenox Industries Inc. operates in the industrial manufacturing sector.

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.

Olenox Industries Inc. appointed Erik Blum as President effective June 1, 2026. Mr. Blum, who remains on the Board of Directors, will receive an annual base salary of $200,000, a $50,000 restricted stock grant vesting over 18 months, and an annual performance bonus of up to 20% of his base salary. Additionally, the Company announced the dismissal of Chief Financial Officer Patricia Kaelin on June 5, 2026, and has initiated a search for her successor. Olenox Industries Inc. is an industrial company.