Safe & Green Holdings Receives Extension, Through November 12, 2024, To Regain Compliance With Nasdaq's Minimum Stockholders' Equity Requirement

7/25/24 8:44:38 AM ET

RETAIL: Building Materials

Consumer Discretionary

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Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, is pleased to announce it has received an extension of time, through November 12, 2024, to regain compliance with Nasdaq's Listing Rule 5550(b), which requires a minimum of $2,500,000 stockholders' equity. The Company expects to regain full compliance with the stockholders' equity requirement as a result of the recent private placement, cost-cutting initiatives aimed at achieving positive cash flow in 2024, ongoing debt reduction, and other strategic initiatives underway.

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Recent Analyst Ratings for
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Safe & Green Holdings Corp. Announces Successful Completion of Two Major Projects for U.S. Government Contractor
MIAMI, FL, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, today announced that its subsidiary, SG Echo, has successfully completed two substantial projects for a long-time customer, a large contractor to a U.S. government agency. The contracts, totaling 45 container-style office units, included one order for 15 units and another for 30 units, resulting in significant time and material savings for the customer. The entire design-to-completion process highlights SG Echo's rapid production capabilities, high-quality manufacturing, and commitment to time
10/30/24 8:30:00 AM ET
$SGBX
RETAIL: Building Materials
Consumer Discretionary
Safe & Green Holdings Announces Safe and Green Development Corporation Inks Preliminary Purchase Commitment up to $2.8 million for South Texas Project
MIAMI, FL, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, is pleased to announce that the Company's subsidiary Safe and Green Development Corporation ("SG Devco") has accepted a preliminary binding purchase commitment from Trio, as Program Administrator for Choctaw American Insurance, Inc. ("Choctaw"), for its development project in South Texas. The sale of the first 5 homes, referenced in the commitment, is expected to generate approximately $1,000,000 dollars in revenue for the Company. The purchase commitment from Trio allows for a purchase
10/11/24 8:30:00 AM ET
$SGBX
RETAIL: Building Materials
Consumer Discretionary
Safe & Green Holdings Closes Refinancing of Waldron Facility in Durant, OK
MIAMI, FL, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, is pleased to announce it has successfully closed on a new loan involving its Waldron facility located in Durant, Oklahoma via refinancing. This strategic move will free up working capital and support Safe & Green Holdings' growing customer demand and facilitating its aggressive expansion strategies. The Company was able to secure over an additional $1 million from the prior loan on the property, with more favorable terms and a lower interest rate. This arrangement not only underscores t
9/24/24 8:30:00 AM ET
$SGBX
RETAIL: Building Materials
Consumer Discretionary

Safe & Green Holdings Reports Second Quarter 2024 Results and Provides a Business Update
Gross profit increases over four-fold; operating expenses reduced 48% Reports record sales pipeline in excess of $25 million On track to achieve positive cash flow before year-end MIAMI, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, reported results for the three months ended June 30, 2024. Key Highlights: Record sales pipeline in excess of $25 million and positive outlook for H2 2024Gross profit margin in Q2 2024 increased to 12.7% compared to 0.7% for Q2 2023Operating expenses declined by $2.7 million in Q2 2024 versus the same period last y
8/14/24 4:30:44 PM ET
$SGBX
RETAIL: Building Materials
Consumer Discretionary
Safe and Green Development Corporation Acquires XENE Real Estate AI Software
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 $2.15 per share. Under the terms of the agreement, Matthew Barstow, MWH CEO & President will become Senior Vice President of Innovation at SG Devco. The acquisition is a mi
2/8/24 9:00:00 AM ET
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RETAIL: Building Materials
Consumer Discretionary
Real Estate
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Safe & Green Holdings Reports Third Quarter 2023 Results; Manufacturing & Construction Services Revenue Increases 48% Over the Same Period Last Year
Company to Host Conference Call Today, November 14th, at 4:30 PM Eastern Time (details below) Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures for residential, commercial, and point-of-care medicine, reported results for the three months ended September 30, 2023. Recent Highlights: Achieves 48% year-over-year increase in manufacturing & construction services revenue for the third quarter of 2023 SG Echo awarded multi-million-dollar contract to supply additional modular units to a long-standing private infrastructure solutions client SG Echo received Louisiana licensure to ta
11/14/23 4:05:00 PM ET
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$SGD
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Real Estate
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Safe & Green Holdings Corp. Announces Appointment of Thomas Meharey to the Company's Board of Directors
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, today announced the appointment of Thomas Meharey as an independent member of the Company's board of directors, increasing the size of the board to seven directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231102033570/en/Thomas Meharey (Photo: Business Wire) Thomas Meharey acquired exceptional leadership skills and learned the value of true discipline and integrity while serving our country as a marine from 1999-20
11/2/23 9:00:00 AM ET
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RETAIL: Building Materials
Consumer Discretionary
Safe & Green Holdings Corp. Announces the Appointment of Jill Anderson to the Company's Board of Directors
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, today announced the appointment of Jill Anderson to the Company's Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230831674854/en/Jill Anderson (Photo: Business Wire) Ms. Anderson currently serves as Chief Legal Officer of miR Scientific, LLC, a precision healthcare company committed to transforming cancer management globally by developing non-invasive tests for the detection and risk classification of
9/5/23 8:30:00 AM ET
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RETAIL: Building Materials
Consumer Discretionary
Safe & Green Holdings Corp. Announces the Appointment of Vanessa Villaverde to the Company's Board of Directors
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, today announced the appointment of Vanessa Villaverde to the Company's Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230830299777/en/Vanessa Villaverde (Photo: Business Wire) Vanessa Villaverde is known throughout healthcare policy circles for leveraging her expertise in both government and the private sector to structure private-public partnerships that create better access, more affordable, and more
8/30/23 8:30:00 AM ET
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RETAIL: Building Materials
Consumer Discretionary

Safe & Green Holdings Receives Extension, Through November 12, 2024, To Regain Compliance With Nasdaq's Minimum Stockholders' Equity Requirement

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SEC Filings

Safe & Green Holdings Corp. filed SEC Form 8-K: Leadership Update

Safe & Green Holdings Corp. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits

Safe & Green Holdings Corp. filed SEC Form 8-K: Leadership Update

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Safe & Green Holdings Corp. Announces Successful Completion of Two Major Projects for U.S. Government Contractor

Safe & Green Holdings Announces Safe and Green Development Corporation Inks Preliminary Purchase Commitment up to $2.8 million for South Texas Project

Safe & Green Holdings Closes Refinancing of Waldron Facility in Durant, OK

Chief Executive Officer Galvin Paul M. was granted 195,221 shares, increasing direct ownership by 456% to 238,043 units (SEC Form 4)

Kaelin Patricia was granted 300,000 shares, increasing direct ownership by 500% to 360,000 units (SEC Form 4)

Safe & Green Holdings Corp. disposed of 93,088 shares, decreasing direct ownership by 1% to 6,553,508 units (SEC Form 4)

Safe & Green Holdings Reports Second Quarter 2024 Results and Provides a Business Update

Safe and Green Development Corporation Acquires XENE Real Estate AI Software

Safe & Green Holdings Reports Third Quarter 2023 Results; Manufacturing & Construction Services Revenue Increases 48% Over the Same Period Last Year