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.

10/26/2023 09:49 AM

News

Safe & Green Holdings Chairperson and CEO Paul Galvin to Participate in the Benzinga All Access Event This Morning Thursday, October 26, at 10:45 AM ET

Rhea-AI Summary

Safe & Green Holdings Corp. (NASDAQ: SGBX) announced that its Chairperson and CEO, Paul Galvin, will be participating in the Benzinga All Access event. The event will be broadcast live and an archived recording will be available on the company's website.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

10/18/2023 08:30 AM

News

Safe & Green Holdings Partnership With CORNERSTONE Charitable Foundation Awarded Ten-acre Parcel of Land to Construct Previously Announced School in Cape Coast, Ghana

Rhea-AI Summary

Safe & Green Holdings announces partnership with CORNERSTONE Charitable Foundation for construction of a new schoolhouse in Cape Coast, Ghana

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-4.17%

Tags

10/11/2023 08:30 AM

News

Safe & Green Holdings Announces Collaboration With Impact Housing to Construct 3 Modular Comfort Homes for the Tunnel to Towers Foundation in Houston, Texas

Rhea-AI Summary

Safe & Green Holdings Corp. collaborates with Impact Housing to construct 3 modular Comfort Homes in Houston for the Tunnel to Towers Foundation.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-4.75%

Tags

10/09/2023 01:00 PM

News

Safe and Green Development Corporation to Participate in the Virtual Tech Conference Series: Exploring All Corners of the Tech Sector, Presented by Maxim Group LLC on Tuesday, October 10th & Wednesday, October 11th at 8:30 A.M. E.T.

Rhea-AI Summary

Safe and Green Development Corp CFO to present at tech sector conference

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

8.51%

Tags

10/06/2023 08:30 AM

News

Safe & Green Holdings Corp. Manufacturing Subsidiary, SG Echo, Achieves Louisiana Licensure for Modular Units

Rhea-AI Summary

Safe & Green Holdings Corp. receives Louisiana licensure for its modular built products

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

4.44%

Tags

10/02/2023 08:30 AM

News

Safe and Green Development Corporation Executes New Non-binding Letter of Intent to Sell Lago Vista Site for $11.5 Million

Rhea-AI Summary

Safe & Green Holdings Corp. subsidiary enters LOI to sell Lago Vista site for $11.5 million and form joint venture with real estate development firm. SG Echo's modular units will be used for site development. Potential revenue from manufacturing services and appreciation of property.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-10%

Tags

09/28/2023 08:30 AM

News

Safe & Green Holdings Corp. Completes Spin-Off of Safe and Green Development Corporation

Rhea-AI Summary

Safe & Green Holdings Corp. completes spin-off of its real estate development subsidiary, Safe and Green Development Corporation (SGD), which will begin trading on Nasdaq under ticker 'SGD'. SG DevCo has a current project pipeline exceeding $800 million and plans to develop more than 4,000 units. Holders of SG Holdings common stock received 0.930886 shares of SG DevCo common stock for every five shares of SG Holdings common stock held on September 8, 2023. SG Holdings common stock will continue to trade on Nasdaq under ticker 'SGBX'.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

33.31%

Tags

09/27/2023 08:30 AM

News

Safe & Green Holdings Corp. Announces Settlement in Legal Action Taken Against Select Stockholders

Rhea-AI Summary

Safe & Green Holdings Corp. (NASDAQ: SGBX) announced a settlement agreement with two stockholders, resolving a previous litigation. The Company received a three-month irrevocable proxy to vote the stockholders' 3,970,100 shares, representing approximately 23.85% of the Company's common stock.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

3.23%

Tags

09/21/2023 09:47 AM

News

CORNERSTONE Charitable Foundation to Build School in Ghana Funded by Safe & Green Holdings Corp. Chairman & CEO Paul Galvin; Phase 2 Expected to Include Medical Care

Rhea-AI Summary

Safe & Green Holdings partners with CORNERSTONE Charitable Foundation to construct a schoolhouse in Ghana as part of the Ghana's Tomorrow Project.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

14.56%

Tags

09/19/2023 08:00 AM

News

Safe & Green Holdings Corp. Announces Distribution Date of September 27, 2023, for Planned Spinoff of SG DevCo to Nasdaq

Rhea-AI Summary

Safe & Green Holdings Corp. (NASDAQ: SGBX) plans to spin-off Safe & Green Development Corp. and distribute approximately 30% of its outstanding shares to stockholders on September 27, 2023. SG DevCo's registration statement was declared effective by the SEC on September 18, 2023. Trading of SG DevCo's common stock is expected to begin on September 19, 2023. Each SG Holdings stockholder will receive 0.930886 shares of SG DevCo common stock for every five shares of SG Holdings common stock held as of September 8, 2023.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

7.19%

Tags

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

N/A Ranked by Market Cap

N/A Ranked by Dividends

SGBX Stock Data

Market Cap 1.17M

Float 1.71M

Insiders Ownership 24.13%

Institutions Ownership 5.95%

Short Percent 18.64%

Industry Metal Fabrication

Sector Wholesale-lumber & Other Construction Materials

Website Link

Country United States of America

City BROOKLYN