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MIAMI, Fla, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company"), today announced that it has closed on the previously announced acquisition of Majestic World Holdings ("MWH"), a real estate technology firm and owner of the Xene AI Software platform ("XENE Platform"). The purchase price for the acquisition consists of an aggregate of $500 thousand in cash to be paid over 5 quarters and 500,000 shares of SG Devco restricted stock valued at $1.075 million, or $2.15 per share. Under the terms of the agreement, Matthew Barstow, MWH CEO & President will become Senior Vice President of Innovation at SG Devco. The acquisition is a mi
Company to Host Conference Call Today, November 14th, at 4:30 PM Eastern Time (details below) Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures for residential, commercial, and point-of-care medicine, reported results for the three months ended September 30, 2023. Recent Highlights: Achieves 48% year-over-year increase in manufacturing & construction services revenue for the third quarter of 2023 SG Echo awarded multi-million-dollar contract to supply additional modular units to a long-standing private infrastructure solutions client SG Echo received Louisiana licensure to ta
MIAMI, July 22, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is thrilled to announce their participation in the $400M Pigmental Studios Development project set in St Mary's, coastal Georgia. While the property is currently in the process of closing, SG Devco is committed to collaborating closely with Pigmental Studios to ensure the success of this groundbreaking endeavor. The Pigmental Studios Development project is intended to impact the entertainment industry by providing state-of-the-art infrastructure and resources for the production of high-quality media content in the live action, visual effects, animation, and immersive storyt
MIAMI, June 14, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is pleased to announce a strategic agreement with Trio Residential LLC ("Trio") (https://www.thinktrio.com/) . This collaboration adds Trio's innovative home financing solutions into SGD's Xene Home AI Platform ("Xene") (https://xenehome.com/), with the goal of making homebuying more achievable for more customers. By adding Trio's, lease-to-own and seller financing programs into SGD's Xene, the collaboration aims to empower customers from diverse backgrounds to achieve their dream of homeownership. Trio's home financing solutions will expand the range of options available t
MIAMI, June 11, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is excited to announce the full integration of MyVonia™, its recently acquired advanced artificial intelligence (AI) assistant, into the Xene platform. This strategic move marks a significant milestone in SG Devco's ongoing commitment to technological innovation and enhanced user experience in the real estate industry. The integration of MyVonia into the Xene AI Platform is expected to offer immense potential for realtors. By leveraging MyVonia's advanced capabilities, realtors can receive personalized assistance, tailored market insights, and data-
MIAMI, June 7, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is excited to announce the closing of the acquisition, and the launch, of MyVONIATM, an AI-powered personal assistant designed to help simplify daily tasks and improve productivity for individuals and businesses. MyVONIA aims to assist with managing both personal and professional tasks. MyVONIA provides a range of features tailored to meet various user needs. The Company is offering flexible subscription tiers to accommodate different levels of usage. For more information about MyVONIA and to explore subscription options, please visit https://myvonia.io/ David Villarreal, CE
MIAMI, Fla, May 21, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG DevCo" or the "Company") is providing an update on the planned sale of its St Mary's property. The parties have mutually agreed to extend the closing date of the sale to June 20, 2024. In recognition of the additional time granted, SG DevCo has reached an agreement with the buyer to increase the purchase price from $1,350,000 to $1,400,000. In addition, the purchase price will be paid in cash on the closing date as the parties have agreed to eliminate the $450,000 promissory note that was part of the original deal. These changes will not only streamline the closing process but will
MIAMI, May 15, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") today reported financial results for the three months ended March 31, 2024 and provides a business update. Operational highlights from the first quarter of 2024: Initiated a Strategic Property MonetizationExecuted Contract to Sell St Mary's Site for $1.35MAcquired XENE Real Estate AI SoftwareSecured Financing for Norman Berry Expansion in Atlanta, Georgia David Villarreal, CEO of Safe and Green Development Corporation, remarked, "The first quarter has proven to be an exhilarating period marked by numerous achievements that we believe has positioned us as an int
MIAMI, FL, May 09, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is pleased to announce its partnership with Affiliated Services Group (ASG) to offer mortgage banking related services on its innovative Xene platform across 49 states in the U.S. ASG, an industry leader in mortgage banking services, is bringing its extensive experience and expertise to this venture. By joining forces with SG Devco, ASG is further solidifying its commitment to providing top-notch, sustainable financial solutions to homeowners nationwide. This collaboration will allow both companies to deliver seamless and efficient mortgage services to customers acro
Technology will provide users with a virtual AI assistant via textMyVonia currently available for a limited time on a trial MIAMI, Fla, May 07, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is pleased to announce that it has entered into an agreement to acquire MyVONIA, an advanced artificial intelligence (AI) assistant, subject to certain closing conditions. Closing is expected during the second quarter of 2024. MyVONIA utilizes machine learning and natural language processing algorithms to provide users with human-like conversational interactions, tailored to their specific needs. MyVONIA does not require an app, or website
MIAMI, Fla, April 30, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is pleased to announce it has entered into an amendment to its original contract for the sale of its St. Mary's site to extend the closing date. After evaluating the current timeline, the closing of this transaction is expected by May 30, 2024, with the transaction potentially concluding as early as May 15th. This transaction will yield in excess of $1M in non-dilutive capital, bolstering the Company's operational capabilities. Furthermore, the Company announced that the closing for this transaction will take place via SG Devco's online real estate market
MIAMI, Fla, April 26, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is pleased to announce the Company received and executed a commercial contract to sell the Company's Lago Vista site to an unnamed buyer. The Lago Vista property is an approximately 60-acre waterfront property located on Lake Travis, Texas. After evaluating the current timeline of the joint offer and the purchase offer, the Company decided to sell the property to strategically reinforce its balance sheet. The closing of this transaction would result in approximately $5,000,000 of debt to be extinguished from the Company's balance sheet and yield additional non-di
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MIAMI, Sept. 4, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco or the "Company"), a leading real estate and technology development company, today announced a new joint venture with Properties by Milk & Honey LLC ("Milk & Honey"), a Texas-based real estate development firm. The joint venture, named Pulga Internacional LLC, will focus on the development and construction of an eco-friendly retail outlet on an 18-acre property in Palmview, Texas. The 18-acre property, which will be conveyed by Milk & Honey to Pulga Internacional LLC, will be converted into an eco-friendly retail outlet using shipping containers. "We are excited to partner with Milk & Honey o
MIAMI, Aug. 15, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG DevCo" or the "Company") announces the expansion of its joint venture project in Edinburg, Texas, after entering into an agreement to acquire 22 additional single-family lots. These lots are an addition to the previously announced acquisition of 5 lots in the same subdivision. This strategic move marks a significant step towards the Company's goal of capitalizing on the rapid growth in and around the Rio Grande Valley. The acquired lots are expected to be permitted and the transaction is expected to close within the next 60 days, further strengthening SG DevCo's foothold in the South Texas real est
MIAMI, Aug. 14, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company"), announces the successful closing of a strategic purchase agreement for funding of up to $10 million from Arena Investors, LP ("Arena") and its affiliates. Arena, a global institutional asset manager with approximately $3.5 billion of assets under management, is known for its expertise in providing creative capital solutions. Maxim Group LLC was sole placement agent in connection with the offering. In addition to the potential to accelerate SG Devco's growth, one of the key advantages of this investment by Arena is expected to be the Company's access to Arena's real estate
MIAMI, July 25, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") announces that it entered into a joint venture for the purpose of developing and constructing single-family homes. Through the joint venture, SG Devco has secured 5 lots for the initial phase of the development, with plans to expand to a total of 24 lots. CEO David Villarreal expressed his enthusiasm for the project, stating, "We are thrilled to expand our portfolio with this single-family home development in South Texas. This project exemplifies our commitme
MIAMI, July 22, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is thrilled to announce their participation in the $400M Pigmental Studios Development project set in St Mary's, coastal Georgia. While the property is currently in the process of closing, SG Devco is committed to collaborating closely with Pigmental Studios to ensure the success of this groundbreaking endeavor. The Pigmental Studios Development project is intended to impact the entertainment industry by providing state-of-the-art infrastructure and resources for the production of high-quality media content in the live action, visual effects, animation, and immersive storyt
MIAMI, FL, July 12, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, announces that Paul Galvin, CEO of the Company, has elected to receive part of his 2023 performance bonus in shares of common stock of the Company in lieu of cash, reiterating his commitment to the Company. Mr. Galvin will receive 69,960 shares of common stock of the Company, which represents approximately $165,805 of Mr. Galvin's $350,000 2023 performance bonus, based on the closing price of the Company's common stock on July 9, 2024. Paul Galvin, CEO Safe & Green Holdings "It was
MIAMI, June 24, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") announced today that Company CFO Nicolai Brune has been invited to present at the 2024 Maxim Fintech Virtual Symposium, presented by Maxim Group LLC, on Tuesday, June 25th, at 11:00 A.M. E.T. SGDevco will be taking part in the 2024 Maxim Fintech Virtual Symposium. The virtual event will focus on the evolving Fintech industry, featuring survivors and emerging companies in specialty finance, payments, and real estate that have integrated advanced technology into their business models. This virtual event will be live on M-Vest. To attend, just sign up to become an M-Vest
MIAMI, June 14, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is pleased to announce a strategic agreement with Trio Residential LLC ("Trio") (https://www.thinktrio.com/) . This collaboration adds Trio's innovative home financing solutions into SGD's Xene Home AI Platform ("Xene") (https://xenehome.com/), with the goal of making homebuying more achievable for more customers. By adding Trio's, lease-to-own and seller financing programs into SGD's Xene, the collaboration aims to empower customers from diverse backgrounds to achieve their dream of homeownership. Trio's home financing solutions will expand the range of options available t
MIAMI, June 11, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is excited to announce the full integration of MyVonia™, its recently acquired advanced artificial intelligence (AI) assistant, into the Xene platform. This strategic move marks a significant milestone in SG Devco's ongoing commitment to technological innovation and enhanced user experience in the real estate industry. The integration of MyVonia into the Xene AI Platform is expected to offer immense potential for realtors. By leveraging MyVonia's advanced capabilities, realtors can receive personalized assistance, tailored market insights, and data-
MIAMI, June 7, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is excited to announce the closing of the acquisition, and the launch, of MyVONIATM, an AI-powered personal assistant designed to help simplify daily tasks and improve productivity for individuals and businesses. MyVONIA aims to assist with managing both personal and professional tasks. MyVONIA provides a range of features tailored to meet various user needs. The Company is offering flexible subscription tiers to accommodate different levels of usage. For more information about MyVONIA and to explore subscription options, please visit https://myvonia.io/ David Villarreal, CE
8-K - Safe & Green Development Corp (0001959023) (Filer)
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10-Q - Safe & Green Development Corp (0001959023) (Filer)
8-K - Safe & Green Development Corp (0001959023) (Filer)
8-K - Safe & Green Development Corp (0001959023) (Filer)
8-K - Safe & Green Development Corp (0001959023) (Filer)
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Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") announces that it entered into a joint venture for the purpose of developing and constructing single-family homes. Through the joint venture, SG Devco has secured 5 lots for the initial phase of the development, with plans to expand to a total of 24 lots.
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. ` The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Luxurban Hotels Inc (NASDAQ:LUXH) On July 16, LuxUrban Hotels announced the closing of public offering of securities. The c
Shares of Tellurian Inc. (NASDAQ:TELL) rose sharply in today's pre-market trading after Woodside Energy announced plans to acquire the company for $900 million in all-cash deal. The implied enterprise value is around $1,200 million. Tellurian shares jumped 65% to $0.9422 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Netcapital Inc. (NASDAQ:NCPL) rose 43.8% to $0.1495 in pre-market trading after jumping more than 12% on Friday. Netcapital, last week, announced the launch of the beta version of its secondary trading platform. Serve Robotics Inc. (NASDAQ:SERV) gained 36.8% to $10.33 in pre-market trading. Serve Robotics shares jumped
Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) rose sharply in today's pre-market trading after the company reported better-than-expected second-quarter financial results. Intuitive Surgical reported second-quarter revenue of $2.01 billion, beating the consensus estimate of $1.97 billion. The robotic-assisted surgery company reported quarterly adjusted earnings of $1.78 per share, beating analyst estimates of $1.54 per share. Intuitive Surgical shares jumped 6.7% to $444.00 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Serve Robotics Inc. (NASDAQ:SERV) gained 68.4% to $4.43 in pre-market trading after gaining over 12% on Thursday.
Shares of ASLAN Pharmaceuticals Limited (NASDAQ:ASLN) fell sharply during Wednesday's session after the company announced that its Singapore-incorporated, sole operating subsidiary has filed for voluntary liquidation. ASLAN Pharmaceuticals shares dipped 38.7% to $0.68 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers Aptevo Therapeutics Inc. (NASDAQ:APVO) shares climbed 84% to $0.6073 after surging around 10% on Tuesday. Aptevo Therapeutics recently announced closing of $2.75 million offering. Shimmick Corporation (NASDAQ:SHIM) shares climbed 49% to $3.0173 after the company received a $27.6 million subcontract for the Sunol Valley Water Trea
Shares of Bloom Energy Corporation (NYSE:BE) rose sharply in today's pre-market trading after the company announced a strategic partnership with CoreWeave. Bloom Energy said it entered into a partnership to deploy its proprietary fuel cells to generate on-site power for CoreWeave at a high-performance data center in Illinois. Bloom Energy shares jumped 12.1% to $16.90 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Shimmick Corporation (NASDAQ:SHIM) gained 53% to $3.09 in pre-market trading after the company received a $27.6 million subcontract for the Sunol Valley Water Treatment Plant Ozonation Project. Aptevo Therapeutics Inc. (NA
Snowline Gold Corp. (OTC:SNWGF) published a highly anticipated initial assessment for its Valley deposit within the Rogue project in Yukon Territory, Canada. This result presents a significant milestone for the company and positions the project as one of the richest in the region. The initial National Instrument 43-101 compliant Mineral Resource Estimate (MRE) for Valley outlines 75.8 million indicated tons grading 1.66 grams per ton gold (Gt Au) for 4.05 million ounces (Moz) of contained gold. An additional 81 million tons are inferred at 1.25 Gt Au for 3.26 Moz gold, demonstrating the deposit’s substantial size and potential for further growth. Now Read: Rio Tinto To Initiate Largest
Integrates Trio's Home Financing Solutions Into SGD's Xene Home AI Platform To Make Homebuying More Achievable
Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is excited to announce the full integration of MyVonia™, its recently acquired advanced artificial intelligence (AI) assistant, into the Xene platform. This strategic move marks a significant milestone in SG Devco's ongoing commitment to technological innovation and enhanced user experience in the real estate industry.
MyVONIA Aims To Simplify Daily Tasks And Improve Productivity For Individuals And Businesses