Olenox Industries Inc. completed the acquisition of 100% of CS Digital Ventures, LLC, a digital infrastructure company with 35 megawatts of installed power capacity. The $30,000,000 transaction included $14,000,000 in Series E Preferred Stock, a $16,000,000 unsecured promissory note, and warrants to purchase 1,500,000 shares of common stock. The company also entered into an exchange agreement to swap Series D Preferred Stock for Series E Preferred Stock. Olenox Industries Inc. operates in the digital infrastructure and energy-intensive data center sector.

Olenox Industries Inc. appointed Erik Blum as President effective June 1, 2026. Mr. Blum, who remains on the Board of Directors, will receive an annual base salary of $200,000, a $50,000 restricted stock grant vesting over 18 months, and an annual performance bonus of up to 20% of his base salary. Additionally, the Company announced the dismissal of Chief Financial Officer Patricia Kaelin on June 5, 2026, and has initiated a search for her successor. Olenox Industries Inc. is an industrial company.