Olenox Industries (NASDAQ: OLOX) announced stockholders approved multiple corporate actions at its March 31, 2026 annual meeting, including the election of directors, ratification of its independent auditor, executive compensation on an advisory basis, several share issuance proposals and amendments to increase authorized shares and expand the company’s stock incentive plan. Stockholders also approved a potential reverse stock split at a ratio between 1-for-10 and 1-for-20, while rejecting the proposed merger agreement with New Asia Holdings and related preferred stock conversion.
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About Olenox 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.
NOTE TO INVESTORS: The latest news and updates relating to OLOX are available in the company’s newsroom at https://ibn.fm/OLOX
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