Safe & Green Holdings Corp. Enters Material Definitive Agreement

Ticker: OLOX · Form: 8-K · Filed: Oct 1, 2025 · CIK: 1023994

Safe & Green Holdings CORP. 8-K Filing Summary
FieldDetail
CompanySafe & Green Holdings CORP. (OLOX)
Form Type8-K
Filed DateOct 1, 2025
Risk Levelmedium
Pages3
Reading Time3 min
Key Dollar Amounts$0.01, $3,000,000, $2,400,000, $4,000, $30,000
Sentimentneutral

Sentiment: neutral

Topics: material-agreement, financial-obligation, filing

Related Tickers: SGH

TL;DR

SGH just signed a big deal creating a new financial obligation. Keep an eye on this.

AI Summary

Safe & Green Holdings Corp. entered into a material definitive agreement on September 25, 2025. This agreement creates a direct financial obligation for the company. The filing also includes financial statements and exhibits related to this event.

Why It Matters

This filing indicates a significant new financial commitment or obligation for Safe & Green Holdings Corp., which could impact its financial standing and future operations.

Risk Assessment

Risk Level: medium — Entering into new material definitive agreements and financial obligations can introduce financial risks and uncertainties for a company.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by Safe & Green Holdings Corp. on September 25, 2025?

The filing states that Safe & Green Holdings Corp. entered into a material definitive agreement on September 25, 2025, which created a direct financial obligation or an obligation under an off-balance sheet arrangement.

What type of obligation does the new agreement create for Safe & Green Holdings Corp.?

The agreement creates either a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant.

What other information is included in this 8-K filing besides the material agreement?

The filing also includes financial statements and exhibits related to the reported event.

What was Safe & Green Holdings Corp.'s former name?

The company was formerly known as SG BLOCKS, INC., CDSI HOLDINGS INC, and PC411 INC.

When was the earliest event reported in this filing?

The earliest event reported in this filing occurred on September 25, 2025.

Filing Stats: 805 words · 3 min read · ~3 pages · Grade level 11.6 · Accepted 2025-10-01 09:42:26

Key Financial Figures

Filing Documents

01 Entry into a Material Definitive

Item 1.01 Entry into a Material Definitive Agreement. On September 25, 2025, Olenox Corp ("Olenox"), a wholly owned subsidiary of Safe & Green Holdings Corp. (the "Company"), entered into a Purchase Agreement with Charles E Webb Jr Family Partnership LTD (the "Seller"), pursuant to which Olenox will purchase certain real property located at 1207 N FM 3083 Rd, Conroe, Texas, which includes office space and warehouse space (the "Conroe Property"), for a purchase price of $3,000,000. The purchase of the Conroe Property is explicitly contingent upon Olenox obtaining a third-party loan secured by the Conroe Property in the amount of $2,400,000 for not less than 20 years with an initial interest rate not to exceed 8.000% and payments calculated on an amortization period of no less than 20 years. Pursuant to the terms of the Purchase Agreement, Olenox will take occupancy September 26, 2025. Olenox has the option to extend the closing of the transaction for up to 24 months. Olenox has executed a commercial lease (the "Lease") with the Seller for the interim period between the execution of the Purchase Agreement and the closing of the transaction. $4,000 of the lease payments per month will be credited to the sales price at closing. Pursuant to the terms of the Purchase Agreement, Olenox must deposit $30,000 as earnest money not later than 3 days after the effective date of the Purchase Agreement. Pursuant to the terms of the Lease, Olenox must pay a $20,000 security deposit with the Seller, which may be applied by the Seller to any amounts owed by Olenox under the Lease. Olenox shall maintain in full force and effect from an insurer authorized to operate in Texas, commercial general liability insurance naming Seller as an additional insured with policy limits on an occurrence basis with a minimum amount of $2,000,000. The foregoing descriptions of the Purchase Agreement and the Lease are qualified in their entirety by reference to the full text of the Purchase Agreemen

03 Creation of a Direct Financial Obligation

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information provided in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits Exhibit Number Description 10.1 Purchase Agreement, dated September 25, 2025, by and between Olenox Corp and Charles E Webb Jr Family Partnership LTD 10.2 Commercial Lease, dated September 25, 2025, by and between Olenox Corp and Charles E Webb Jr Family Partnership LTD 104 Cover Page Interactive Data File (embedded within the inline XBRL document) 1

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SAFE & GREEN HOLDINGS CORP. Dated: September 30, 2025 By: /s/ Michael McLaren Name: Michael McLaren Title: Chief Executive Officer 2

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