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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.

News

Safe & Green Holdings’ WELLglobal Health™ Subsidiary Announces Planned Partnership with e-Lovu to Expand Access to Integrated Maternal Care Through Engagement with Employers, Doctors, and Wellness Real Estate Developers

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WELLglobal Health, a subsidiary of Safe & Green Holdings Corp., plans to integrate telehealth with traditional in-person healthcare by developing and deploying eco-friendly modular wellness suites. The company aims to bridge the gap between remote and traditional healthcare to provide accessible high-quality care. WELLglobal Health has signed a non-binding letter of intent with e-Lovu, a digital wellness platform for expecting mothers, to address the complete health needs of pregnant and postpartum women. The partnership will expand the range of healthcare services available in WELLglobal Health's wellness suites.
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SG Echo Awarded an Additional Multi-Million Contract to Supply Modular Units to Long-Standing Private Infrastructure Solutions Client

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Safe & Green Holdings Corp. subsidiary SG Echo has secured a contract to supply 40 additional modular units to an existing customer, generating revenue of over $2 million starting in Q4 2023. This follows a previous order for 38 units from the same customer. The company's ability to deliver units quickly, sustainably, and cost-effectively, along with its multi-state certifications, provides a competitive advantage.
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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

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

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Safe & Green Holdings announces partnership with CORNERSTONE Charitable Foundation for construction of a new schoolhouse in Cape Coast, Ghana
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Safe & Green Holdings Announces Collaboration With Impact Housing to Construct 3 Modular Comfort Homes for the Tunnel to Towers Foundation in Houston, Texas

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

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Safe and Green Development Corp CFO to present at tech sector conference
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Safe & Green Holdings Corp. Manufacturing Subsidiary, SG Echo, Achieves Louisiana Licensure for Modular Units

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Safe & Green Holdings Corp. receives Louisiana licensure for its modular built products
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Safe and Green Development Corporation Executes New Non-binding Letter of Intent to Sell Lago Vista Site for $11.5 Million

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

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

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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.
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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 $0.4405 as of December 24, 2024.

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

The market cap of Safe & Green Holdings (SGBX) is approximately 1.9M.

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.

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Safe & Green Holdings Corp.

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1.93M
3.88M
24.13%
5.95%
4.61%
Metal Fabrication
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