Recent Updates — SGBX
Olenox Industries Inc. acquired 100% of CS Digital Ventures LLC on May 26, 2026, through a Membership Interest Purchase Agreement. This amendment to the initial Form 8-K filing provides the audited financial statements for CS Digital for the years ended December 31, 2025 and 2024, as well as unaudited interim statements for the three months ended March 31, 2026 and 2025. The acquisition includes pro forma consolidated financial information for Olenox Industries Inc. CS Digital Ventures LLC operates in the digital asset mining industry, specifically focusing on Bitcoin mining and related data processing activities.
Olenox Industries Inc. dismissed RBSM LLP and appointed Urish Popeck & Co, LLC as its new independent registered public accounting firm for the fiscal year ending December 31, 2026. The Audit Committee approved the change on August 4, 2026, with Urish formally engaged on August 5, 2026. RBSM’s reports for the fiscal year ended December 31, 2025 contained an explanatory paragraph regarding the Company’s ability to continue as a going concern but no other adverse opinions or disagreements. The filing discloses material weaknesses in internal controls over financial reporting related to timely accounting record closing and application of technical accounting guidance, which were previously disclosed in the 2025 Annual Report on Form 10-K. There were no reportable events or disagreements between the Company and RBSM other than these identified weaknesses. Olenox Industries Inc. operates in the industrial manufacturing sector.
On July 24, 2026, Olenox Industries appointed Kimberly Hawley as Interim Chief Financial Officer. Her employment agreement covers an initial term from July 6 to December 31, 2026, with a $250,000 annual base salary and a restricted stock grant valued at $50,000 vesting over eighteen months. Hawley brings over 30 years of financial leadership experience in the energy and logistics sectors and currently serves as CFO of Vivakor, Inc. The company operates in the oilfield services industry.
On July 3, 2026, Olenox Industries Inc. acquired 100% of Psylinks Neurotech Corp. for a purchase price of $500,000, paid via 104,166 restricted shares of common stock valued at $4.80 per share. As part of the agreement, Dr. Ford Burles joins as VP of Product Development and Dr. Michael McLaren-Gradinaru joins as VP of Technology. The transaction is noted as a potential related party transaction due to a familial relationship between a seller and the Company's Chairman. The acquisition includes two-year non-competition and non-solicitation covenants for the sellers. Olenox Industries operates in the industrial and technology sector, focusing on integrating neurotechnology and applied intelligence to improve cognitive performance.