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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.

Safe & Green Holdings Corp. (NASDAQ: SGBX) is a pioneering company in modular construction solutions. Leveraging the structural integrity and sustainability of code-engineered cargo shipping containers, the company provides innovative building modules that serve both residential and commercial markets. These modules can be used as permanent or temporary structures, making them ideal for a wide range of applications, including health care facilities, real estate development, and environmental projects.

Safe & Green Holdings operates through four primary segments: construction services, medical, real estate development, and environmental. The majority of the company's revenue comes from its construction segment, which includes the manufacturing unit SG ECHO and various modular projects. The company's technology enables faster construction, lower costs, and more sustainable building practices, making it a leader in green construction.

Since its inception in 2007, Safe & Green Holdings has focused on repurposing shipping containers to meet safe and sustainable housing needs, particularly in hurricane and earthquake-prone areas. The company recently received recertification from the International Code Council (ICC) for its shipping containers, ensuring they meet stringent safety and performance standards. This achievement underscores the company's commitment to quality and innovation in modular construction.

Safe & Green Holdings' projects are designed to exceed typical building code requirements, offering developers, architects, and builders a high-value, eco-friendly construction option. The company's dedication to reducing the global carbon footprint is evident through its sustainable building practices and use of recycled materials. Partnering with industry leaders and constantly evolving its technology, Safe & Green Holdings continues to set new benchmarks in the modular construction industry.

For more information, visit the company's investor relations page or contact Crescendo Communications, LLC at (212) 671-1020 or via email at SGBX@crescendo-ir.com.

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Safe & Green Holdings Corp. (NASDAQ: SGBX) Announces Strategic Partnership with Bearcat Academy and Ice Hockey Innovations to Build Leading Training Facilities Using Modular Construction for Competitive Programs in Key U.S. Locations
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Safe & Green Holdings Corp. (NASDAQ: SGBX) has regained compliance with the minimum bid price requirement under Nasdaq Rules 5550(a)(2). The Company also announced the planned spin-off for Safe & Green Development Corp to become a standalone company listed on Nasdaq. The distribution of 30% of SG DevCo to current shareholders is expected in the coming weeks, exemplifying the Company's commitment to returning value to investors.
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Safe & Green Holdings Corp. plans to spin off Safe & Green Development Corp (SG DevCo) as a standalone company listed on Nasdaq. SG DevCo's fair market value is valued at $74 million. The distribution of SG DevCo shares to Safe & Green Holdings shareholders will be 30%, with Safe & Green Holdings retaining 70%. Nasdaq approval is expected in the coming weeks, with the listing date to be announced within 30 days of approval. The Distribution Date will be announced later. Shareholders will receive shares electronically or through their bank or brokerage firm.
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Safe & Green Holdings Corp. (NASDAQ: SGBX) to deliver and install three additional Quick Serve Restaurant (QSR) units in Oregon for Domino’s franchisee Noble Food Group. The first store in Sweet Home, Oregon, to be delivered by Q4 2023, with the other two in Q2 2024. This expansion follows the successful design, delivery, and installation of two proof of concept units earlier this year in Arkansas.
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Safe & Green Holdings Corp. has received SEC approval of its Form 10 for the spin-off of its real estate development subsidiary, SG DevCo. The Company is awaiting final approval from Nasdaq, expected in Q3 2023. The spin-off will result in SG DevCo being listed on the Nasdaq exchange, with Safe & Green Holdings retaining 70% ownership. The fair market value of SG DevCo is valued at $74 million.
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FAQ

What is the current stock price of Safe & Green Holdings (SGBX)?

The current stock price of Safe & Green Holdings (SGBX) is $0.522 as of November 22, 2024.

What is the market cap of Safe & Green Holdings (SGBX)?

The market cap of Safe & Green Holdings (SGBX) is approximately 1.2M.

What does Safe & Green Holdings Corp. do?

Safe & Green Holdings Corp. provides modular construction solutions using both cargo shipping containers and wood for residential and commercial use.

What are the primary segments of Safe & Green Holdings Corp.?

The company operates in four segments: construction services, medical, real estate development, and environmental.

What is the main revenue source for Safe & Green Holdings Corp.?

The majority of the company's revenue comes from the construction segment, including its manufacturing unit SG ECHO and various modular projects.

How does Safe & Green Holdings Corp. contribute to sustainable construction?

The company repurposes shipping containers, reducing the need for new materials and lowering the carbon footprint, while providing safe and sustainable housing options.

What recent certifications has Safe & Green Holdings Corp. received?

The company recently received recertification from the International Code Council (ICC) for its shipping containers, confirming their compliance with safety and performance standards.

What are some applications of Safe & Green Holdings Corp.'s modules?

The modules can be used for residential housing, commercial buildings, health care facilities, and more, offering both permanent and temporary solutions.

When was Safe & Green Holdings Corp. founded?

Safe & Green Holdings Corp. was founded in 2007.

Where can I find more information about Safe & Green Holdings Corp.?

For more information, visit the company's investor relations page or contact Crescendo Communications, LLC at (212) 671-1020 or via email at SGBX@crescendo-ir.com.

What are the benefits of Safe & Green Holdings Corp.'s modular construction?

The company's modular construction offers faster execution, lower costs, higher building value, and extended life, while meeting or exceeding building code requirements.

Who are the key clients of Safe & Green Holdings Corp.?

The company's clients include developers, architects, builders, and property owners seeking innovative and sustainable construction solutions.

Safe & Green Holdings Corp.

Nasdaq:SGBX

SGBX Rankings

SGBX Stock Data

1.17M
1.71M
24.13%
5.95%
18.64%
Metal Fabrication
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