SG Blocks, Inc. engages in the design and fabrication of container-based structures. The company redesigns, repurposes, and converts heavy-gauge steel cargo shipping containers into green building blocks for commercial, industrial, and residential building construction; and purpose-built modules, or prefabricated steel modular units for construction. It also provides engineering and project management services related to the use of modified containers in construction, as well as produces and sells pre-fabricated modular containers for residential and commercial use. The company serves architects, landowners, builders, and developers. It has operations in the United States and Canada. The company was founded in 2007 and is headquartered in Brooklyn, New York.
IPO Year: 2017
Exchange: NASDAQ
Website: sgblocks.com
MIAMI, FL, May 22, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures diversified platform transforming critical infrastructure through sustainable modular innovation, today announces the appointment of Mr. Samarth Verma to its Board of Directors. Mr. Verma, 46, replaces Shafron Hawkins, who is stepping down from the Board due to his recent appointment to a government position. Mr. Verma is a proven technology innovator and entrepreneur with a diverse background spanning immersive media, advanced mathematics, and corporate development across a range of sectors in
MIAMI, FL, May 14, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, today provides an update on its recent transformation, marking a new era of financial strength, operational momentum, and strategic expansion. Backed by $108 million in committed funding, and generating strong market engagement, the Company provides a review of key achievements while embarking on an aggressive buy-and-build strategy aimed at positioning itself for success in both domestic and international markets. Michael McLaren, Safe and Green Chairman and CEO, commented, "In January 2025,
MIAMI, FL, April 29, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, announces a new construction contract between the Company's subsidiary, SG Echo, LLC ("SG Echo") and Troy Vines, Inc. ("Troy Vines"), a Midland, Texas-based concrete supply business. Under the terms of the contract SG Echo is to rebuild Troy Vines' overhead bin system at one of its Odessa, Texas plants. This contract represents a new business venture for SG Echo, which was facilitated by the Company's recent County Line Industrial acquisition. The contract also represents synergies between
MIAMI, April 14, 2025 (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 the pricing of a Private Placement with gross proceeds to the Company expected to be approximately $8.0 million. The offering consists of 20,408,160 Common Units (or Pre-Funded Units), each consisting of (i) one (1) share of Common Stock or one (1) Pre-Funded Warrant, (ii) one (1) Series A Registered Common Warrant to purchase one (1) share of Common Stock per warrant at an exercise price of $0.784 (the "Series A Warrants") and (iii) one (1) Series B Registered Common Warrant t
MIAMI, FL, April 09, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, announces the acquisition of the assets and business of County Line Industrial, LLC, a Durant, Oklahoma business providing welding services in Oklahoma and Texas. The acquisition enhances the Company's access to customers in its ready-mix cement and oil and gas businesses. The Company believes that the strategic move to bring County Line's welding services in-house will create additional revenue while also improving the profitability of the Company's modular manufacturing business. Safe &
MIAMI, April 08, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, announces its wholly owned subsidiary, Olenox Corp. ("Olenox"), has purchased a 51% stake in Winchester Oil and Gas, LLC ("Winchester"). Winchester operates more than 500 wells in Texas with leases centered in Milam and Parker counties. It recently reported production of approximately 50 barrels a day, with peak production reaching 200 barrels in the last four years. It also holds a $250,000 bond, which allows Olenox unlimited well licenses in Texas, which is ideal for expansion while also utili
MIAMI, April 01, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, reports financial results for the year ended December 31, 2024 and provides a corporate update. Recent Highlights: Appointed Michael McLaren as Chief Executive Officer and Jim Pendergrast as Chief Operating OfficerEntered into Definitive Agreement to merge with Olenox and Machfu.comAnnounced LOI to acquire County Line IndustrialSuccessfully completed two major projects for U.S. Government contractorSecured two new contracts for Modular Construction ProjectsAnnounced decisive legal victo
MIAMI, FL, March 13, 2025 (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 2025 Annual Meeting of Stockholders (the "2025 Annual Meeting") will be held on April 24, 2025. The Company's Board of Directors has fixed the close of business on March 9, 2025, as the record date for determining those stockholders who are entitled to vote at the 2025 Annual Meeting or any adjournment or postponement of the 2025 Annual Meeting. The Company plans to provide further details in its forthcoming proxy statement, which the Company plans to file with the Se
MIAMI, FL, Feb. 28, 2025 (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 it has received a listing decision from The Nasdaq Stock Market LLC ("Nasdaq") on behalf of the Nasdaq Hearings Panel (the "Panel"), indicating that the Company has evidenced compliance with the minimum equity standard set forth in Nasdaq Listing Rule 5550(b)(1) (the "Equity Rule") and all other applicable criteria for continued listing on The Nasdaq Capital Market. The Company remains subject to a grace period, through June 10, 2025, to regain compliance with Nasdaq's min
MIAMI, FL, Feb. 26, 2025 (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 it has entered into a non-binding Letter of Intent to acquire key assets and business operations of County Line Industrial, LLC, a respected industrial fabrication and modular manufacturing enterprise based in Bokchito, Oklahoma. The proposed transaction is subject to the execution of a definitive Asset Purchase Agreement and customary closing conditions. County Line Industrial is recognized for its expertise in delivering custom-built modular components, precision weldin
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MIAMI, FL, May 22, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures diversified platform transforming critical infrastructure through sustainable modular innovation, today announces the appointment of Mr. Samarth Verma to its Board of Directors. Mr. Verma, 46, replaces Shafron Hawkins, who is stepping down from the Board due to his recent appointment to a government position. Mr. Verma is a proven technology innovator and entrepreneur with a diverse background spanning immersive media, advanced mathematics, and corporate development across a range of sectors in
MIAMI, FL, May 14, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, today provides an update on its recent transformation, marking a new era of financial strength, operational momentum, and strategic expansion. Backed by $108 million in committed funding, and generating strong market engagement, the Company provides a review of key achievements while embarking on an aggressive buy-and-build strategy aimed at positioning itself for success in both domestic and international markets. Michael McLaren, Safe and Green Chairman and CEO, commented, "In January 2025,
Jim Pendergast Chief Operating Officer, Safe & Green Holdings MIAMI, FL, Jan. 21, 2025 (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 the appointment of Jim Pendergast as the Company's new Chief Operating Officer, effective as of January 16, 2025. Mr. Pendergast brings over 25 years of leadership in corporate operations, having served as CEO, CFO, and COO across public and private companies in the energy, construction, manufacturing, and agricultural sectors. He has expertise in mergers and acquisitions, corporate restructuring, and equity an
Miami, FL, Jan. 07, 2025 (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 the appointment of Michael McLaren, MSc., MBA, as Chief Executive Officer and Director, effective immediately. Mr. McLaren brings more than 30 years of leadership experience in the energy industry, including significant contributions to military and energy projects, field services, and mergers and acquisitions. He is the founder of several startups where he has led innovative energy solutions, manufacturing systems and is the developer and patent holder of an extensive catalog
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
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
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
Brings health services, healthcare law, corporate social responsibility and ESG expertise to the Company's growing medical subsidiary. 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 Delphine O'Rourke as President & Chief Executive Officer of Safe & Green Medical, the Company's medical services subsidiary, effective July 24, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230710402024/en/Delphine O'Rourke, pictured above. (Phot
Alyssa Richardson, founder and CEO of Palmetto Community Developers, and former Deputy Chief of Staff to U.S. Senator Tim Scott, to provide her real estate development expertise and strategy. 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, announced today that the Company's real estate property development arm and planned subsidiary spin out, Safe and Green Development Corporation ("SG DevCo"), has added Alyssa Richardson to its board of directors. This press release features multimedia. View the full release here: https://www.
Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green" or the "Company"), a leading developer, designer, and fabricator of modular structures, announced today the appointment of Patricia Kaelin, CPA, as the Company's new Chief Financial Officer, effective May 2, 2023. Ms. Kaelin is a member of the AICPA with more than 25 years of financial leadership, strategic planning, and public company experience. She has served as Chief Financial Officer for public and privately held companies and has extensive experience in the construction, real estate, manufacturing and healthcare industries. She has expertise in mergers and acquisitions and corporate restructuring, as well as private and publi
MIAMI, FL, April 09, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, announces the acquisition of the assets and business of County Line Industrial, LLC, a Durant, Oklahoma business providing welding services in Oklahoma and Texas. The acquisition enhances the Company's access to customers in its ready-mix cement and oil and gas businesses. The Company believes that the strategic move to bring County Line's welding services in-house will create additional revenue while also improving the profitability of the Company's modular manufacturing business. Safe &
MIAMI, April 01, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, reports financial results for the year ended December 31, 2024 and provides a corporate update. Recent Highlights: Appointed Michael McLaren as Chief Executive Officer and Jim Pendergrast as Chief Operating OfficerEntered into Definitive Agreement to merge with Olenox and Machfu.comAnnounced LOI to acquire County Line IndustrialSuccessfully completed two major projects for U.S. Government contractorSecured two new contracts for Modular Construction ProjectsAnnounced decisive legal victo
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
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
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 it plans to report its financial results for the third quarter ended September 30, 2023, and file its Form 10-Q on November 14, 2023. The Company will also host a business update call on Tuesday, November 14, 2023, at 4:30 PM Eastern Time. Dial-in information: Toll-free dial-in number (U.S.): +1 877-545-0320 International dial-in number: +1 973-528-0002 Access code: 727552 Live and replay webcast links: Direct link: https://www.webcaster4.com/Webcas
Received SEC approval and record date of August 21, 2023, for SG DevCo spin-off; expects Nasdaq listing date shortly Company to host conference call today, August 14th, at 8:00 AM 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 provider of point-of-care medicine, reported results for the three months ended June 30, 2023. Recent Highlights: Planned SG DevCo spin-off receives SEC approval with a record date of 8/21/2023 on NASDAQ Closed first tranche of a bridge loan with a European-based entity for gross proceeds
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 that in order to provide greater visibility for the results, it now plans to report its financial results for the second quarter ended June 30, 2023, and file its Form 10-Q on August 14, 2023. The Company will also host a business update call on Monday, August 14, 2023, at 8:00 AM Eastern Time. Dial-in information: Toll-free dial-in number (U.S.): +1 888-506-0062 International dial-in number: +1 973-528-0011 Access code: 233545 Live and replay webcast
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 that the Company plans to report its financial results and file its Form 10-Q for the second quarter ended June 30, 2023 on August 11, 2022. The Company will provide additional details regarding its planned quarterly conference call, including the date, time and dial instructions in advance of the call. About Safe & Green Holdings Corp. Safe & Green Holdings Corp., a leading modular solutions company, operates under core capabilities which include the development,
SG Echo manufacturing operations continue to experience strong demand and expected to become cash flow positive in Q3 2023 and for the full year SG DevCo spin-out onto Nasdaq expected in 90 days or less Company to host conference call today, May 11th, 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 March 31, 2023. Recent Highlights: Executed an agreement to refinance its Lago Vista site, providing approximately $2.0 million in net procee