8-K

OLENOX INDUSTRIES INC. (OLOX)

8-K 2026-04-02 For: 2026-03-31
View Original
Added on April 07, 2026

UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549


FORM

8-K


CURRENT

REPORT


PURSUANT

TO SECTION 13 OR 15(d) OF THE

SECURITIES

EXCHANGE ACT OF 1934


Date of Report (Date of earliest event reported): March 31, 2026

OLENOX

INDUSTRIES INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware 001-38037 95-4463937
(State<br> or Other Jurisdiction<br><br> <br>of<br> Incorporation) (Commission File Number) (I.R.S.<br> Employer<br><br> <br>Identification<br> Number)

1207,Building C N FM 3083 Rd E

Conroe,TX 77304

(Address of Principal Executive Offices, Zip Code)

NotApplicable

(Former name or former address, if changed since last report.)

Registrant’s

telephone number, including area code: 646-240-4235

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications<br> pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant<br> to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications<br> pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications<br> pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered
Common Stock, par value $0.01 OLOX The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item5.07 Submission of Matters to a Vote of Security Holders.

On March 31, 2026, at the 2025 annual meeting of stockholders (the “Annual Meeting”) of Olenox Industries Inc., a Delaware corporation (the “Company”), the stockholders of the Company voted on the following ten (10) proposals and votes were cast as described below. These matters are described in detail in the Company’s definitive proxy statement on Schedule 14A (Amendment No. 1), filed with the Securities and Exchange Commission on February 13, 2026 (the “Definitive Proxy Statement”).

The final results for Proposals 1 – 10 as set forth in the Definitive Proxy Statement are as follows:


ProposalNo. 1


The following seven (7) individuals were re-elected as directors, each to serve a one-year term expiring at the 2026 annual meeting of stockholders and until such director’s successor is duly elected and qualified with the following votes:


For Withheld Broker Non-Votes
Michael<br> McLaren 4,048,402 130,070 1,378,281
Adam<br> Falkoff 4,069,596 108,876 1,378,281
Jill<br> Anderson 4,070,842 107,630 1,378,281
Thomas<br> Meharey 4,067,710 110,762 1,378,281
Paula<br> J. Dobriansky 4,070,550 107,922 1,378,281
Erik<br> Blum 4,070,097 108,375 1,378,281
Samarth<br> Verma 2,543,827 1,634,645 1,378,281

ProposalNo. 2


The stockholders ratified and approved the appointment of RBSM LLP, as the Company’s independent registered public accounting firm, for the year ended December 31, 2025, based on the votes set forth below:


For Against Abstain Broker Non-Votes
5,293,058 192,192 71,503 0

ProposalNo. 3


The stockholders approved, on an advisory, non-binding basis, the compensation of the Company’s named executive officers (“say-on-pay”), as disclosed in the Definitive Proxy Statement. The results of the voting for this proposal were as follows:


For Against Abstain Broker Non-Votes
3,993,730 128,127 56,615 1,378,281

ProposalNo. 4


The requisite number of stockholders did not approve the merger pursuant to the terms of the Agreement and Plan of Merger, dated February 2, 2025, by and between the Company and New Asia Holdings, Inc., and subsequently, the conversion of the Company’s Series A Convertible Preferred Stock, par value $1.00 (“Preferred Stock”), into shares of the Company’s common stock, par value $0.01 (the “Common Stock”), whereby each share of Preferred Stock converts into fifteen (15) shares of Common Stock, as disclosed in the Definitive Proxy Statement. The results of the voting for this proposal were as follows:


For Against Abstain Broker Non-Votes
3,839,210 306,347 32,915 1,378,281

ProposalNo. 5


The stockholders approved, in compliance with Nasdaq Rule 5635(d), the issuance of shares of our Common Stock, pursuant to those certain securities purchase agreements, dated as of March 27, 2025, April 11, 2025, and May 29, 2025, respectively, in each case by and between the Company and Generating Alpha Ltd., in an amount equal to or in excess of 20% of our Common Stock outstanding immediately prior to the issuance of such shares, as disclosed in the Definitive Proxy Statement. The results of the voting for this proposal were as follows:


For Against Abstain Broker Non-Votes
3,396,340 410,797 371,335 1,378,281
1

ProposalNo. 6


The stockholders approved the increase of the maximum number of authorized shares subject to the SG Blocks, Inc. Stock Incentive Plan, as amended from time to time (the “Stock Incentive Plan”), by 1,500,000 shares and to automatically increase the maximum number of authorized shares subject to the Stock Incentive Plan on January 1 of each calendar year for a period of ten years commencing on January 1, 2026, in an amount equal to 4.5% of the number of shares of Common Stock outstanding on December 31 of the preceding calendar year, as disclosed in the Definitive Proxy Statement. The results of the voting for this proposal were as follows:


For Against Abstain Broker Non-Votes
3,540,624 606,719 31,129 1,378,281

ProposalNo. 7


The stockholders approved the amend the articles of incorporation to increase the authorized shares of Common Stock from 75,000,000 shares to 3,000,000,000 shares, as disclosed in the Definitive Proxy Statement. The results of the voting for this proposal were as follows:

For Against Abstain Broker Non-Votes
4,344,754 1,178,548 33,451 0

ProposalNo. 8


The stockholders approved, in compliance with Nasdaq Rule 5635(d), the issuance of shares of our Common Stock, pursuant to that certain Securities Purchase Agreement, dated as of November 25, 2025, by and between the Company and JAK Industrial Ventures I LLC, in an amount equal to or in excess of 20% of our Common Stock outstanding immediately prior to the issuance of such shares, as disclosed in the Definitive Proxy Statement. The results of the voting for this proposal were as follows:

For Against Abstain Broker Non-Votes
3,575,995 236,993 365,484 1,378,281

ProposalNo. 9


The stockholders approved an amendment to the Company’s Certificate of Incorporation, in substantially the form attached to the Definitive Proxy Statement as Appendix D, to effect a reverse stock split with respect to the issued and outstanding Common Stock, including stock held by the Company as treasury shares, at a ratio of 1-for-10 to 1-for-20, with the ratio within such range to be determined at the discretion of the Company’s Board of Directors and included in a public announcement, subject to the authority of the Board of Directors to abandon such amendment, as disclosed in the Definitive Proxy Statement. The results of the voting for this proposal were as follows:

For Against Abstain Broker Non-Votes
4,456,081 997,027 103,645 0

ProposalNo. 10


The stockholders approved one or more adjournments of the 2025 Annual Meeting, if necessary or appropriate, to solicit additional proxies in favor of the Proposals listed hereinabove, if there are not sufficient votes at the 2025 Annual Meeting to approve and adopt the Proposals as described further in the Definitive Proxy Statement. However, an adjournment was not needed as Proposals 1, 2, 3, 5, 6, 7, 8 and 9 received sufficient number of votes for approval. The results of this proposal were as follows:


For Against Abstain Broker Non-Votes
4,865,394 595,208 96,151 0

Item7.01 Regulation FD Disclosure.

On April 2, 2026, the Company issued a press release (the “Press Release”) announcing the results of the Annual Meeting. A copy of the Press Release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.


The information furnished pursuant to this Item 7.01 (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933, as amended (the “Securities Act”), except expressly as set forth by specific reference in such a filing.


Item9.01 Financial Statements and Exhibits.

Exhibit<br><br> <br>Number Description
99.1 Press Release of Olenox Industries Inc., dated April 2, 2026
104 Cover<br> Page Interactive Data File (embedded within the inline XBRL document)

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

OLENOX INDUSTRIES INC.
Dated: April 2, 2026 By: /s/ Michael<br> McLaren
Name: Michael McLaren
Title: Chief Executive Officer
3

Exhibit99.1


OLENOXANNOUNCES RESULTS OF ANNUAL STOCKHOLDER MEETING


Conroe, Texas / April 2, 2026 / ACCESS Newswire / Olenox Industries, Inc. (NASDAQ: OLOX) (“Olenox” or the “Company”) is pleased to announce the results of its 2025 Annual Meeting of Stockholders, held March 31, 2026, at 1:00 P.M. Central Time (the “Annual Meeting”).

At the Annual Meeting, the stockholders approved the following corporate actions:

the election of Michael McLaren, Adam Falkoff, Jill Anderson,<br>Thomas Meharey, Paula J. Dobriansky, Erik Blum and Samarth Verma to serve as the Company’s Board of Directors;
the ratification of the appointment of RBSM LLP, as the Company’s<br>independent registered public accounting firm for the year ended December 31, 2025;
the approval, on an advisory and non-binding basis, the compensation<br>of the Company’s named executive officers;
the approval of the issuances of shares of the Company’s<br>common stock, pursuant to those certain securities purchase agreements, dated as of March 27, 2025, April 11, 2025, and May 29, 2025,<br>respectively, in each case by and between the Company and Generating Alpha Ltd., in an amount equal to or in excess of 20% of the Company’s<br>common stock outstanding immediately prior to the issuance of such shares;
the approval to increase in the maximum number of authorized<br>shares subject to the SG Blocks, Inc. Stock Incentive Plan, as amended from time to time, by 1,500,000 shares and to automatically increase<br>the maximum number of authorized shares subject to the Stock Incentive Plan on January 1 of each calendar year for a period of ten years<br>commencing on January 1, 2026, in an amount equal to 4.5% of the number of shares of Company common stock outstanding on December 31<br>of the preceding calendar year;
the approval to amend the Company’s articles of incorporation<br>to increase the authorized shares of the Company’s common stock from 75,000,000 shares to 3,000,000,000 shares;
the approval of the issuance of shares of the Company’s<br>common stock, pursuant to that certain Securities Purchase Agreement, dated as of November 25, 2025, by and between the Company and JAK<br>Industrial Ventures I LLC, in an amount equal to or in excess of 20% of the Company’s common stock outstanding immediately prior<br>to the issuance of such shares;
the approval to an amendment to the Company’s Certificate<br>of Incorporation to effect a reverse stock split with respect to the Company’s issued and outstanding common stock, par value $0.01<br>per share, including stock held by the Company as treasury shares, at a ratio of 1-for-10 to 1-for-20, with the ratio within such range to be determined at the discretion of the Company’s Board of Directors and included in a public announcement, subject to the authority of the Board of Directors to abandon such amendment; and
the approval of one or more adjournments of the 2025 Annual<br>Meeting, if necessary or appropriate, to solicit additional proxies in favor of the proposals for the 2025 Annual Meeting.

The following corporate action was not approved by the Stockholders:

the approval of the Agreement and Plan of Merger, dated February<br>2, 2025, by and between the Company and New Asia Holdings, Inc., and subsequently, the conversion of the Company’s Series A Convertible<br>Preferred Stock, par value $1.00 per share, into shares of the Company’s common stock, whereby each share of Series A Convertible<br>Preferred Stock converts into fifteen (15) shares of Company common stock.

AboutOlenox Industries, Inc.


Olenox Industries Inc. (Nasdaq: OLOX), formerly known as Safe & Green Holdings Corp. (SGBX), is an industrial holding company focused on acquiring, operating, and scaling businesses that provide engineered solutions across industrial, energy, and infrastructure markets. Through its subsidiaries, including Giant Containers, the Company delivers high-quality modular and containerized systems designed for rapid deployment and long-term performance.

SafeHarbor Statement


Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company’s ability to maintain compliance with the NASDAQ listing requirements, and the other factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Investors:

investors@olenox.com