STOCK TITAN

Aegis Capital Corp. Acted as Exclusive Placement Agent on a ~$2.4 Million Warrant Inducement for Safe & Green Holdings Corp. (NASDAQ: SGBX)

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

Safe & Green Holdings Corp. (NASDAQ: SGBX) has completed a warrant inducement transaction worth approximately $2.4 million, with Aegis Capital Corp. serving as the exclusive placement agent. The transaction represents a significant financial arrangement for the company, potentially affecting its capital structure and financial position.

Safe & Green Holdings Corp. (NASDAQ: SGBX) ha completato una transazione di incentivazione dei warrant del valore di circa 2,4 milioni di dollari, con Aegis Capital Corp. che funge da agente di collocamento esclusivo. Questa transazione rappresenta un accordo finanziario significativo per l'azienda, che potrebbe influenzare la sua struttura di capitale e la posizione finanziaria.

Safe & Green Holdings Corp. (NASDAQ: SGBX) ha completado una transacción de inducimiento de warrants por un valor aproximado de 2,4 millones de dólares, con Aegis Capital Corp. actuando como el agente de colocación exclusivo. La transacción representa un acuerdo financiero significativo para la empresa, que podría afectar su estructura de capital y su posición financiera.

Safe & Green Holdings Corp. (NASDAQ: SGBX)는 약 240만 달러 규모의 워런트 유도 거래를 완료하였으며, Aegis Capital Corp.가 독점 배치 에이전트로 활동하였습니다. 이 거래는 회사에 중요한 재정적 합의를 의미하며, 자본 구조와 재정 상태에 잠재적인 영향을 미칠 수 있습니다.

Safe & Green Holdings Corp. (NASDAQ: SGBX) a finalisé une transaction d'incitation aux bons d'un montant d'environ 2,4 millions de dollars, Aegis Capital Corp. agissant en tant qu'agent de placement exclusif. Cette transaction représente un accord financier significatif pour l'entreprise, qui pourrait affecter sa structure de capital et sa position financière.

Safe & Green Holdings Corp. (NASDAQ: SGBX) hat eine Aufforderungstransaktion im Wert von etwa 2,4 Millionen US-Dollar abgeschlossen, wobei Aegis Capital Corp. als exklusiver Platzierungsagent fungierte. Die Transaktion stellt eine bedeutende finanzielle Regelung für das Unternehmen dar, die potenziell seine Kapitalstruktur und finanzielle Position beeinflussen könnte.

Positive
  • Secured $2.4 million in additional funding through warrant inducement
Negative
  • Potential dilution of existing shareholders' value due to warrant exercise

Insights

This warrant inducement offering of $2.4 million is significant given SGBX's micro-cap status with a market cap of just $1.9 million. The deal, facilitated by Aegis Capital, represents a substantial capital injection that exceeds the company's current market capitalization. While this provides much-needed working capital, it also signals potential dilution concerns for existing shareholders. The warrant exercise suggests some confidence from institutional investors, but the pricing and terms will be important factors in evaluating the true impact on shareholder value. For a company of this size, securing this level of funding is notable, though the dilutive effects need careful consideration.

NEW YORK, NY / ACCESSWIRE / November 8, 2024 / Aegis Capital Corp. acted as Exclusive Placement Agent on a ~$2.4 Million Warrant Inducement for Safe & Green Holdings Corp. (NASDAQ:SGBX).

About for Safe & Green Holdings Corp.

Safe & Green Holdings Corp. designs and modifies code-engineered cargo shipping containers and purpose-built modules for commercial, industrial, and residential building construction in the United States. It redesigns, repurposes, and convert heavy-gauge steel cargo shipping containers into Safe & Green, which are green building blocks for construction. The company serves architects, landowners, builders, and developers. The company was formerly known as SG Blocks, Inc and changed its name to Safe & Green Holdings Corp. in December 2022. Safe & Green Holdings Corp. was founded in 2007 and is headquartered in Miami, Florida.

For more information, visit https://www.safeandgreenholdings.com

About Aegis Capital Corporation

Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research, sales and trading services to institutional and retail investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services including investment banking, wealth management, insurance, retirement planning, structured products, private equity, alternatives, equity research, fixed income and special purpose vehicles.

For more information about this offering or Investment Banking Services please email Banking@aegiscap.com or call (212) 813-1010.

www.aegiscapcorp.com

Brokerage and investment advisory services are offered through Aegis Capital Corporation, a member of FINRA and SIPC. Investment and insurance products offered are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

SOURCE: Aegis Capital Corp.



View the original press release on accesswire.com

FAQ

What is the value of Safe & Green Holdings (SGBX) warrant inducement deal in 2024?

Safe & Green Holdings (SGBX) completed a warrant inducement transaction worth approximately $2.4 million in November 2024.

Who acted as the placement agent for SGBX's $2.4 million warrant inducement?

Aegis Capital Corp. acted as the exclusive placement agent for Safe & Green Holdings' (SGBX) $2.4 million warrant inducement.

When did Safe & Green Holdings (SGBX) complete its warrant inducement deal?

Safe & Green Holdings (SGBX) completed its $2.4 million warrant inducement deal on November 8, 2024.

Safe & Green Holdings Corp.

NASDAQ:SGBX

SGBX Rankings

SGBX Latest News

SGBX Stock Data

1.89M
3.88M
24.13%
5.95%
4.61%
Metal Fabrication
Wholesale-lumber & Other Construction Materials
Link
United States of America
BROOKLYN