Safe & Green Holdings Corp. Receives Extension from Nasdaq to Maintain Listing
Safe & Green Holdings (NASDAQ:SGBX) has received an extension from Nasdaq to maintain its listing status. The Nasdaq Hearings Panel has granted the company additional time to complete its previously announced reverse stock split and demonstrate a minimum bid price of $1.00 per share for ten consecutive trading sessions by September 22, 2025.
Under the leadership of CEO Mike Mclaren, the company has already met prior Nasdaq milestones and remains confident in completing the reverse stock split process. Safe & Green Holdings, a developer of sustainable solutions and modular infrastructure, views maintaining its Nasdaq listing as crucial for investors and business operations.
Safe & Green Holdings (NASDAQ:SGBX) ha ottenuto un'estensione da Nasdaq per conservare la propria quotazione. Il Nasdaq Hearings Panel ha concesso più tempo all'azienda per completare lo split azionario inverso annunciato in precedenza e dimostrare un prezzo minimo di offerta di $1.00 per azione per dieci sedute consecutive entro il 22 settembre 2025.
Sotto la guida del CEO Mike Mclaren, la società ha già soddisfatto scadenze precedenti richieste da Nasdaq e resta fiduciosa di portare a termine lo split inverso. Safe & Green Holdings, sviluppatrice di soluzioni sostenibili e infrastrutture modulari, ritiene fondamentale mantenere la quotazione Nasdaq per gli investitori e le attività aziendali.
Safe & Green Holdings (NASDAQ:SGBX) ha recibido una prórroga por parte de Nasdaq para mantener su cotización. El Nasdaq Hearings Panel le ha otorgado más tiempo a la compañía para completar la consolidación de acciones anunciada previamente y demostrar un precio mínimo de oferta de $1.00 por acción durante diez sesiones consecutivas antes del 22 de septiembre de 2025.
Bajo el liderazgo del CEO Mike Mclaren, la empresa ya cumplió hitos previos exigidos por Nasdaq y confía en finalizar el proceso de consolidación. Safe & Green Holdings, desarrolladora de soluciones sostenibles e infraestructuras modulares, considera crucial conservar su cotización en Nasdaq para inversores y operaciones comerciales.
Safe & Green Holdings (NASDAQ:SGBX)가 상장 유지를 위해 나스닥으로부터 기한 연장을 받았습니다. 나스닥 심리위원회(Nasdaq Hearings Panel)는 회사가 이전에 발표한 액면분할(역병합)을 완료하고 2025년 9월 22일까지 연속 10거래일 동안 주당 $1.00 이상의 최저 매수호가를 입증할 시간을 추가로 허용했습니다.
CEO 마이크 맥클레런(Mike Mclaren)의 지도 아래 회사는 이전의 나스닥 요구 조건을 이미 충족했으며 역병합 과정을 완료할 것이라 자신하고 있습니다. 지속 가능한 솔루션과 모듈식 인프라를 개발하는 Safe & Green Holdings는 나스닥 상장 유지를 투자자와 사업 운영에 매우 중요하다고 보고 있습니다.
Safe & Green Holdings (NASDAQ:SGBX) a obtenu une prolongation de la part de Nasdaq pour conserver sa cotation. Le Nasdaq Hearings Panel a accordé plus de temps à la société pour finaliser la division inversée d'actions annoncée précédemment et démontrer un cours d'enchère minimum de 1,00 $ par action pendant dix séances consécutives d'ici le 22 septembre 2025.
Sous la direction du PDG Mike Mclaren, la société a déjà rempli des étapes antérieures requises par Nasdaq et reste confiante quant à l'achèvement de la consolidation d'actions. Safe & Green Holdings, développeur de solutions durables et d'infrastructures modulaires, estime qu'il est crucial de conserver la cotation Nasdaq pour les investisseurs et les opérations commerciales.
Safe & Green Holdings (NASDAQ:SGBX) hat von der Nasdaq eine Verlängerung erhalten, um seine Notierungsfähigkeit zu wahren. Das Nasdaq Hearings Panel hat dem Unternehmen zusätzliche Zeit gewährt, den zuvor angekündigten Reverse Stock Split abzuschließen und bis zum 22. September 2025 an zehn aufeinanderfolgenden Handelstagen einen Mindestgebotspreis von $1,00 pro Aktie nachzuweisen.
Unter der Führung von CEO Mike Mclaren hat das Unternehmen frühere Nasdaq-Anforderungen bereits erfüllt und ist zuversichtlich, den Reverse Split abzuschließen. Safe & Green Holdings, ein Entwickler nachhaltiger Lösungen und modularer Infrastruktur, betrachtet die Aufrechterhaltung der Nasdaq-Notierung als wesentlich für Anleger und Geschäftstätigkeit.
- Company received extension from Nasdaq to maintain listing status
- Already met prior Nasdaq compliance milestones
- Company needs to implement reverse stock split to meet minimum bid price requirement
- Risk of delisting if $1.00 share price requirement isn't maintained for 10 consecutive trading days by September 22, 2025
Insights
SGBX received crucial Nasdaq extension to complete reverse split and meet minimum share price requirements by September 22.
Safe & Green Holdings has secured a critical extension from Nasdaq to regain compliance with continued listing requirements, primarily concerning the minimum bid price threshold of
Delisting threats represent significant risks to small-cap companies. Maintaining Nasdaq listing provides essential benefits including improved liquidity, broader investor access, enhanced credibility, and better financing options. The extension grants SGBX crucial breathing room to execute its compliance plan without the immediate pressure of delisting, which would have forced the stock to over-the-counter markets with substantially reduced trading visibility and institutional investor interest.
The company's need for a reverse split signals prolonged share price weakness, as these corporate actions are typically last-resort measures to artificially boost share prices without changing fundamental business value. While management expresses confidence in meeting the requirements, investors should recognize that reverse splits often indicate underlying challenges. The September deadline provides a concrete timeline to monitor the company's progress toward resolving this existential market requirement.
Company remains on path to compliance following progress on strategic initiatives
MIAMI, FLORIDA / ACCESS Newswire / August 25, 2025 / Safe & Green Holdings Corp. (Nasdaq:SGBX) ("Safe & Green" or the "Company"), a leading developer of sustainable solutions and modular infrastructure, today announced that it has received notice from The Nasdaq Stock Market LLC ("Nasdaq") granting the Company an extension to regain compliance with Nasdaq's continued listing requirements.
The Nasdaq Hearings Panel acknowledged the significant progress Safe & Green has made toward completing its previously announced reverse stock split and granted the Company additional time to finalize the process. Under the terms of the extension, Safe & Green must complete the reverse stock split and demonstrate a minimum bid price of at least
"We are pleased that Nasdaq has recognized the progress we have made and granted us additional time to complete the reverse stock split," said Mike Mclaren, CEO of Safe & Green Holdings. "We remain confident in our ability to meet these requirements and to continue executing on our long-term growth strategy. This extension ensures we can maintain our Nasdaq listing, which is important to our investors and our business as we move forward."
Safe & Green has already met prior milestones established by Nasdaq and continues to take steps to ensure full compliance with all listing requirements.
About Safe & Green Holdings
Safe & Green Holdings Corp. is a leading provider of modular construction and sustainable infrastructure solutions, serving customers across multiple industries including healthcare, education, energy, and government. The Company's subsidiaries focus on delivering innovative, cost-efficient, and environmentally conscious solutions that drive long-term value creation.
Safe Harbor Statement
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company's ability to maintain compliance with the NASDAQ listing requirements, and the other factors discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
Investor Contact
Investors@safeandgreenholdings.com
SOURCE: Safe & Green Holdings Corp
View the original press release on ACCESS Newswire
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