Olenox Industries (NASDAQ: OLOX), an integrated energy and infrastructure company, 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 common shares since June 2026. The conversions, totaling more than $5.25 million, reduce outstanding indebtedness and preferred equity while simplifying the company’s capital structure and improving financial flexibility. Olenox said the moves are part of its broader effort to strengthen its financial position as it advances initiatives across energy production, power generation, infrastructure and digital compute.
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About Olenox Industries Inc.
Olenox Industries Inc. (NASDAQ:OLOX) is a vertically integrated energy company operating across multiple business lines, including oil and gas, energy services, and energy technologies. The Company is focused on acquiring, optimizing, and scaling energy-related infrastructure and operating assets across key U.S. markets.
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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