Safe & Green Holdings Corp. Announces Entry into Warrant Inducement Transaction for $2.4 Million in Gross Proceeds [Yahoo! Finance]
Safe & Green Holdings Corp. (SGBX)
NASDAQ:AMEX Investor Relations:
ir.sgblocks.com
Company Research
Source: Yahoo! Finance
developer, designer, and fabricator of modular structures, announced today that it has entered into an agreement with a single investor that is an existing holder of warrants to purchase shares of common stock of the Company for cash (the “Existing Warrants”), wherein the investor agreed to exercise the Existing Warrants to purchase up 2,758,620 shares of common stock at a reduced exercise price of $0.8718 per share, resulting in gross proceeds of approximately $2.4 million, before deducting offering fees and other expenses payable by the Company. Aegis Capital Corp. acted as the exclusive financial advisor in connection with the transaction. In consideration for the exercise of the Existing Warrants for cash, the investor received new warrants (the “New Warrants”) to purchase up to an aggregate of 5,517,240 shares of common stock. The New Warrants are exercisable after stockholder approval at an exercise price of $0.8718 per common share and will expire five years after stockhold
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SGBX
News
- Safe & Green Holdings Corp. Secures Two New Contracts for Modular Construction ProjectsGlobeNewswire
- Safe & Green Holdings Corp. Provides Third Quarter 2024 Business Update [Yahoo! Finance]Yahoo! Finance
- Safe & Green Holdings Corp. Provides Third Quarter 2024 Business UpdateGlobeNewswire
- 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 ProceedsGlobeNewswire
SGBX
Sec Filings
- 12/16/24 - Form 8-K
- 11/27/24 - Form 10-Q
- 11/22/24 - Form 8-K
- SGBX's page on the SEC website