Olenox Industries to Issue 298,604 Unregistered Shares to Terminate Equity Financing Agreement
Bitget2026/10/30 10:03- Olenox Industries agreed to issue 298,604 unregistered common shares to an investor under an October 27, 2026, termination agreement.
- The agreement ends a $100 million equity purchase facility under which no shares were sold or proceeds received.
- The shares are due by the close of the 14th business day following the termination agreement’s effective date.
- Additional shares are due April 27, 2027, if the preceding 10-day VWAP is below $0.80, ensuring at least $258,440 in value.
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