Core Points - Safe & Green Holdings Corp. will hold its 2025 Annual Meeting of Stockholders on December 29, 2025, with a record date of November 21, 2025, for voting eligibility [1][2] - A significant agenda item is the approval for New Asia Holdings Corp. shareholders to convert non-voting convertible preferred shares into common stock, completing the merger with Olenox Corp. and Machfu, Inc. [2] - The merger aims to create a diversified company that combines Olenox's energy expertise with Machfu's IIoT technology, enhancing Safe & Green's presence in sustainable infrastructure and energy solutions [3] Company Developments - Olenox Corp., a subsidiary of Safe & Green, focuses on acquiring and revitalizing underdeveloped oil and gas assets in Texas, Oklahoma, and Kansas [3][7] - The merger signifies a strategic shift for Safe & Green from modular home construction to becoming an integrated energy company, emphasizing industrial builds such as generator sets and AI data centers [4] - Safe & Green is consolidating operations in Conroe, Texas, while Olenox implements AI systems to optimize well site operations and reviews drilling sites within its portfolio [5] Future Plans - Olenox plans to initiate an aggressive drilling program, targeting the completion of one drilling project in Q4 2025, with an ambitious agenda for 2026 and beyond [6] - The company has established an Open Collaborative Framework partnership with OneQode, enhancing its technological capabilities in energy services [6][8]