Safe and Green Development Corporation increases sales price of St Mary's to $1.4M
Safe and Green Development Corporation (SGD)
Company Research
Source: GlobeNewswire
MIAMI, Fla, May 21, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SG DevCo” or the “Company”) is providing an update on the planned sale of its St Mary’s property. The parties have mutually agreed to extend the closing date of the sale to June 20, 2024. In recognition of the additional time granted, SG DevCo has reached an agreement with the buyer to increase the purchase price from $1,350,000 to $1,400,000. In addition, the purchase price will be paid in cash on the closing date as the parties have agreed to eliminate the $450,000 promissory note that was part of the original deal. These changes will not only streamline the closing process but will also result in the Company realizing higher cash proceeds upon completion of the transaction. The Company is confident that these adjustments will positively impact the transaction, enabling a mutually beneficial outcome for all parties involved. About Safe and Green Development Corporat
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News
- Safe and Green Development Corporation to Participate in the 2024 Maxim Fintech Virtual Symposium, Presented by Maxim Group LLC on Tuesday, June 25th, at 11:00 A.M. E.T.PR Newswire
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- Safe and Green Development Corporation Integrates MyVonia into the Xene Home AI PlatformPR Newswire
- Safe and Green Development Corporation Launches MyVONIA.IO : An AI-Powered Personal AssistantPR Newswire
- Safe and Green Development Corporation Reports First Quarter 2024 Financial Results and Provides a Business UpdateGlobeNewswire
SGD
Sec Filings
- 6/14/24 - Form 424B3
- 6/14/24 - Form EFFECT
- 6/10/24 - Form 8-K
- SGD's page on the SEC website