Business Context and Reporting Period
This Form 8-K Current Report was filed by Safe & Green Holdings Corp. (not Olenox Industries Inc.) on September 4, 2025. The report details a corporate action effective as of 12:01 a.m. Eastern Time on September 8, 2025.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a capital structure change rather than financial performance results.
Material Changes
- Reverse Stock Split: The Company effected a one-for-sixty-four (1-for-64) reverse stock split of its issued and outstanding common stock.
- Share Reclassification: Every 64 shares of common stock were automatically reclassified into one share.
- Fractional Shares: No fractional shares were issued; entitlements were rounded up to the nearest whole share.
- Legal Action: A Certificate of Amendment to the Amended and Restated Certificate of Incorporation was filed with the Delaware Secretary of State.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook. No specific risks or contingencies related to the reverse stock split are detailed in the text provided, other than the standard reference to the full Certificate of Amendment.
Investor Verification Checklist
- Verify the post-split share count and trading symbol (SGBX) on The Nasdaq Stock Market LLC.
- Confirm the exact number of shares held post-split, noting the rounding up of fractional shares.
- Review the full text of the Certificate of Amendment (Exhibit 3.1) for any additional provisions not summarized here.
- Check for any subsequent filings regarding the Company's compliance with Nasdaq listing standards following the split.