Olenox Industries (NASDAQ: OLOX) announced it has entered into a mutual settlement and release agreement with Cedar Advance LLC, resolving outstanding amounts owed under previously executed Standard Merchant Cash Advance Agreements. Under the agreement, executed Feb. 10, 2026, Olenox will issue restricted shares of common stock at market price in satisfaction of the obligations, with both parties agreeing to a full release of claims related to the agreements; full terms of the settlement are disclosed in a Form 8-K filed with the Securities and Exchange Commission on Feb. 13, 2026.
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