Safe & Green Holdings Announces Safe and Green Development Corporation Inks Preliminary Purchase Commitment up to $2.8 million for South Texas Project
Safe & Green Holdings Corp. (SGBX)
NASDAQ:AMEX Investor Relations:
ir.sgblocks.com
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Source: GlobeNewswire
MIAMI, FL, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, is pleased to announce that the Company’s subsidiary Safe and Green Development Corporation (“SG Devco”) has accepted a preliminary binding purchase commitment from Trio, as Program Administrator for Choctaw American Insurance, Inc. ("Choctaw"), for its development project in South Texas. The sale of the first 5 homes, referenced in the commitment, is expected to generate approximately $1,000,000 dollars in revenue for the Company. The purchase commitment from Trio allows for a purchase of up to 14 homes within this planned development generating sales of approximately $2,800,000. The preliminary purchase commitment sets forth Trio's agreement on behalf of Choctaw to purchase homes in the Company's South Texas development project, with exact locations and pricing terms to be con
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SGBX
News
- Aegis Capital Corp. Acted as Exclusive Placement Agent on a ~$2.4 Million Warrant Inducement for Safe & Green Holdings Corp. (NASDAQ: SGBX)Accesswire
- Safe & Green Holdings Corp. Announces Entry into Warrant Inducement Transaction for $2.4 Million in Gross Proceeds [Yahoo! Finance]Yahoo! Finance
- Safe & Green Holdings Corp. Announces Entry into Warrant Inducement Transaction for $2.4 Million in Gross ProceedsGlobeNewswire
- Safe & Green Holdings Corp. Announces Successful Completion of Two Major Projects for U.S. Government ContractorGlobeNewswire
- Safe & Green Holdings Closes Refinancing of Waldron Facility in Durant, OKGlobeNewswire
SGBX
Sec Filings
- 11/14/24 - Form NT
- 11/14/24 - Form SC
- 10/28/24 - Form 8-K
- SGBX's page on the SEC website