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Safe & Green Holdings Corp. - $SGBX STOCK NEWS

Welcome to our dedicated page for Safe & Green Holdings news (Ticker: $SGBX), a resource for investors and traders seeking the latest updates and insights on Safe & Green Holdings stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Safe & Green Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Safe & Green Holdings's position in the market.

Rhea-AI Summary

Safe & Green Holdings Corp's subsidiary, SG Echo, is set to deliver its first eco-friendly modular unit to a prominent quick-service restaurant customer in the Pacific Northwest. The unit has passed its final plant inspection and will be shipped in the second quarter of 2024. Safe & Green Holdings is excited about the partnership and sees it as the beginning of a significant relationship. The company's Durant, OK facility is strategically positioned to serve commercial markets nationwide, showcasing its ability to provide sustainable solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
89.08%
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none
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Rhea-AI Summary

Safe & Green Holdings Corp. (NASDAQ: SGBX) collaborates with Britten Inc., selling modular units certified safe and efficient by the International Code Council. The AC 462 designation streamlines approvals and compliance, benefiting clients and stakeholders. The partnership aims to promote sustainable building practices and support creative industries.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
34.4%
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none
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Rhea-AI Summary

Safe & Green Holdings Corp (NASDAQ: SGBX) announced a reverse stock split of its common stock at a ratio of 1-for-20 effective May 2, 2024. The board of directors approved the split to meet Nasdaq's requirements and enhance marketability. Each 20 shares will be combined into one share, with no change in ownership percentage. Fractional shares will be paid in cash.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-18.44%
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Rhea-AI Summary

Safe & Green Holdings Corp announced a planned reverse stock split of its shares of common stock at a ratio of 1-for-20, effective May 2, 2024. The split aims to meet Nasdaq's bid price requirements and enhance marketability. Shareholders will see no change in ownership percentage, and fractional shares will be settled in cash.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-18.44%
Tags
-
Rhea-AI Summary
Safe & Green Holdings Corp. (NASDAQ: SGBX) has entered into an agreement to manufacture four modular electrical distribution centers for a client serving the big box retailer market. The units offer flexible and customizable solutions for distributing electricity efficiently. The company anticipates a 20-unit order for 2024, emphasizing the versatility and reliability of their products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
52.08%
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none
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Rhea-AI Summary
Safe & Green Holdings Corp. (NASDAQ: SGBX) received a notification from Nasdaq regarding non-compliance with filing requirements. The company has 60 days to submit a plan to regain compliance, with a possible extension up to October 14, 2024. The trading of SGBX shares on the Nasdaq Capital Market will continue during this period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.04%
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Rhea-AI Summary
Safe & Green Holdings Corp (SGBX) is finalizing its audit for the year ended December 31, 2023, and plans to file its Form 10-K soon. The delay was due to complexities related to the audit and spin out of Safe & Green Development Corp. CEO Paul Galvin is optimistic about providing a further update on the business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
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Rhea-AI Summary
Safe & Green Holdings Corp (SGBX) to report financial results and file Form 10-K for the year ended December 31, 2023, on April 16, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.88%
Tags
conferences earnings
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Rhea-AI Summary
Safe & Green Holdings Corp. (SGBX) has entered into a design/build agreement with Talent Services to produce modular homes meeting the Department of Energy's Net-Zero Energy Ready Requirements. The project includes the initial production of 8 units in North Carolina by the fourth quarter of 2024, with a potential total of approximately 600 units over the next seven years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
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none
Rhea-AI Summary
Safe & Green Holdings Corp. (SGBX) plans to report its financial results and file its Form 10-K for the year ended December 31, 2023, on April 15, 2024. The Chairperson and CEO, Paul Galvin, expressed anticipation in sharing the review of results and a business update with shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
Tags
conferences earnings
Safe & Green Holdings Corp.

Nasdaq:SGBX

SGBX Rankings

SGBX Stock Data

5.07M
10.82M
39.11%
3.85%
2.37%
Other Metal Container Manufacturing
Manufacturing
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United States of America
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About SGBX

sg blocks,inc. is the premier innovator in providing industry approved, code engineered cargo shipping containers to meet the growing demand for safe and green construction. rather than consuming new steel and lumber, sg blocks capitalizes on the structural engineering and design parameters a shipping container must meet and repurposes them for use in building. offering a product that typically exceeds building code requirements, sg blocks enables developers, architects, builders and owners to achieve greener construction, faster execution and stronger buildings of higher value and extended life.sg blocks has an application in meeting safe and sustainable housing needs, particularly in hurricane and earthquake prone areas. since its inception in 2007, sg blocks has developed and implemented the technology to break away from standardized container construction at reduced costs and is committed to providing a construction methodology that will lessen the global carbon footprint. each con