Olenox Settles Debt with Cedar Advance via Stock Issuance

Olenox Industries (NASDAQ: OLOX), a multifaceted energy company focused on engineered solutions across industrial, energy, and infrastructure markets, has reached a significant financial resolution with Cedar Advance LLC. The two entities have entered into a mutual settlement and release agreement, executed on February 10, 2026, which resolves outstanding amounts owed under previously executed Standard Merchant Cash Advance Agreements. Under this agreement, Olenox will issue restricted shares of its common stock at market price to satisfy the obligations, with both parties agreeing to a full release of all claims related to these agreements. The full terms of this settlement are detailed in a Form 8-K filed with the Securities and Exchange Commission on February 13, 2026, providing transparency for investors and stakeholders. This resolution allows Olenox to move forward without the burden of these previous financial obligations, potentially stabilizing its financial position and allowing management to focus on core operations.

Olenox Industries operates through subsidiaries like Giant Containers, delivering high-quality containerized systems designed for rapid deployment and long-term performance in various markets. The company's strategic focus on acquiring, operating, and scaling businesses in the energy and infrastructure sectors positions it for growth, making this settlement a critical step in maintaining operational continuity. For more detailed information, the full press release is available, and investors can access the latest updates relating to OLOX in the company's newsroom. This development underscores Olenox's commitment to resolving financial matters efficiently while continuing to advance its business objectives in a competitive landscape.

The announcement was disseminated through MissionIR (“MIR”), a specialized communications platform within the Dynamic Brand Portfolio @ IBN that assists IR firms with syndicated content to enhance company visibility. MIR leverages a vast network of wire solutions via InvestorWire, article and editorial syndication to over 5,000 outlets, enhanced press release services, social media distribution, and tailored corporate communications solutions. By utilizing such a robust platform, Olenox ensures that this news reaches a wide audience of investors, influencers, and the general public, cutting through information overload to achieve unparalleled recognition and brand awareness. This strategic communication effort highlights the importance of transparent and effective investor relations in today's dynamic market environment.