Safe and Green Development Corporation Secures Strategic Investment of up to $10 Million from Arena Investors
Safe and Green Development Corporation (SGD)
Company Research
Source: PR Newswire
MIAMI, Aug. 14, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company"), announces the successful closing of a strategic purchase agreement for funding of up to $10 million from Arena Investors, LP ("Arena") and its affiliates.Arena, a global institutional asset manager with approximately $3.5 billion of assets under management, is known for its expertise in providing creative capital solutions.Maxim Group LLC was sole placement agent in connection with the offering. In addition to the potential to accelerate SG Devco's growth, one of the key advantages of this investment by Arena is expected to be the Company's access to Arena's real estate-focused capabilities, which can provide valuable insights and resources to help accelerate the development of SG Devco's real estate development projects. This collaboration is expected to enable SG Devco to leverage Arena's extensive network and expertise, creating new opportunities and enhancing t
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SGD
News
- SG DEVCO & Resource Group US to Pioneer Climate-Change Friendly Land Development Initiative via Joint VenturePR Newswire
- Safe and Green Development Corporation to Develop An Eco Friendly Retail Outlet on 18-Acre Property through Joint VenturePR Newswire
- Safe and Green Development Corporation To Acquire 22 Single Family Lots in South TexasPR Newswire
- Safe and Green Development Corporation Expands Portfolio in Texas with Shovel Ready LotsPR Newswire
- Safe And Green Development Corporation Joins $400M Pigmental Studio DevelopmentPR Newswire
SGD
Sec Filings
- 9/24/24 - Form 8-K
- 9/20/24 - Form S-1/A
- 9/19/24 - Form PRE
- SGD's page on the SEC website