Olenox Industries Announces Settlement Agreement with Cedar Advance LLC

CONROE, Texas, Feb. 13, 2026 (GLOBE NEWSWIRE) -- via IBN – Olenox Industries Inc. (NASDAQ: OLOX) ("Olenox" or the "Company") today announced that it has reached a mutual settlement agreement with Cedar Advance LLC ("Cedar"), resolving the outstanding amounts owed to Cedar pursuant to the Standard Merchant Cash Advance Agreements between the Company and Cedar. Under the terms of the Settlement and Release agreement, fully executed on Feb. 10, 2026, the Company has agreed to issue Cedar restricted shares of C ...