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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News
- 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
- Modular Construction Industry Poised for Continued Global Expansion Through 2024 - Long-term Market Forecasts to 2028 and 2033 [Yahoo! Finance]Yahoo! Finance
- Safe & Green Holdings Reports Second Quarter 2024 Results and Provides a Business UpdateGlobeNewswire
- Safe and Green Holdings Announces Preliminary Term Sheet to Refinance Waldron FacilityGlobeNewswire
SGBX
Sec Filings
- 10/28/24 - Form 8-K
- 10/28/24 - Form 8-K
- 10/22/24 - Form 8-K
- SGBX's page on the SEC website