Olenox files revised pro forma financials for CS Digital acquisition

Olenox Industries Inc. filed revised unaudited pro forma condensed combined financial information to reflect its completed acquisition of CS Digital Ventures LLC. The transaction, finalized on May 26, 2026, involved an aggregate consideration of US$30,000,000 in upfront payment, warrants for 1,500,000 common shares, and potential earnout shares valued at up to US$20,000,000.

The upfront consideration comprised US$14,000,000 in newly issued Series E Preferred Stock and a US$16,000,000 unsecured promissory note. Olenox also issued warrants to purchase common stock in three equal tranches of 500,000 shares each at exercise prices of $5.00, $7.00, and $9.00 per share. Additional Series E Preferred Stock may be issued if CS Digital achieves specific post-closing milestones related to cumulative revenue and Adjusted EBITDA.

The pro forma balance sheet as of March 31, 2026, presents the combined entity as if the acquisition occurred on that date. The pro forma statement of operations reports the results for the year ended December 31, 2025. Olenox Industries Inc. is a smaller reporting company that prepared this information pursuant to Rule 8-05 of Regulation S-X. The pro forma data is provided for illustrative purposes only and does not project future operating results or financial positions. The financial information should be read alongside the company's audited consolidated financial statements for 2025 and the historical financial statements of CS Digital Ventures LLC.