Olenox converts $5.25M in debt and preferred stock to equity
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Olenox Industries Strengthens Capital Structure With More Than $5.25 Million Conversion to Common Equity
September 3, 2026 8:31 AM EDTCompany Converts More Than $750,000 of Debt into Equity and Approximately $4.5 Million of Series C Preferred Stock into Common Shares
CONROE, TX / ACCESS Newswire / September 3, 2026 / Olenox Industries Inc. (NASDAQ: OLOX) ("Olenox" or the "Company"), an integrated energy and infrastructure company, today announced that more than $750,000 of outstanding debt and approximately $4.5 million in stated value of Series C Preferred Stock have been converted into shares of the Company's common stock since June 2026, strengthening the Company's balance sheet and capital structure.
The debt... More
