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0.0357583230579532 0.0357583230579532 0.0357583230579532 -0.000246609124537581 0.0505548705302097 0.0241676942046855 0.0490752157829839 0.0212083847102341
Stock impact report

Safe & Green Holdings Corp. Provides Third Quarter 2024 Business Update

Safe & Green Holdings Corp. (SGBX) 
NASDAQ:AMEX Investor Relations: ir.sgblocks.com
Company Research Source: GlobeNewswire
MIAMI, FL, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, today provided a third quarter business update, highlighting recent operational achievements and strengthened financial positioning. Recent Highlights: Strengthened Financial Position Through Warrant Inducement Transaction: Safe & Green recently completed a warrant inducement transaction, generating $2.4 million in gross proceeds. This influx of capital strengthens the Company's balance sheet and provides the working capital necessary to fuel ongoing and upcoming growth initiatives.Completion of Major Government Projects: Safe & Green successfully completed two significant projects for a U.S. government contractor, underscoring the Company’s capability to deliver high-quality modular solutions on a large scale. These projects highlight Safe & Green’s expertise in modular construction Show less Read more
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