Conroe, Texas, Dec. 19, 2025 (GLOBE NEWSWIRE) -- CONROE, Texas, Dec 19, 2025 (GLOBE NEWSWIRE) -- via IBN - Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green” or the “Company”), announced that it has successfully closed the acquisition of Giant Containers Inc. (“Giant Containers”), a leading manufacturer of custom modular shipping container solutions for residential, commercial, industrial, and institutional applications. The transaction was completed through a combination of cash and stock considera ...

Core Insights - Safe & Green Holdings Corp. has announced that its subsidiary Olenox Corp. has received its DOT number and is preparing to mobilize its service assets, marking a significant step in revitalizing its Oil and Gas service division [1][2] - The company aims to reduce maintenance and workover costs by servicing its own assets, which is a crucial part of its production strategy [2] - Safe & Green expects to achieve cash-flow positivity in 2026, with growth in third-party service revenue being a key driver of this plan [2] Company Overview - Safe & Green Holdings Corp. is a provider of modular construction and sustainable infrastructure solutions, serving various industries including healthcare, education, energy, and government [3] - Olenox Corp. operates as a vertically integrated energy company with three divisions: Oil and Gas, Energy Services, and Energy Technologies, focusing on optimizing underdeveloped oil and gas assets [4] Strategic Focus - The service division of Olenox will play a central role in deploying downhole tooling assets, including ultrasonic cleaning and plasma pulse tools [2] - The company is preparing to hire a sales team to market its rigs and service equipment to third parties, expanding into a large and recurring service market [2]

Core Insights - Safe & Green Holdings Corp. has exited the modular home construction sector and is expanding into containerized energy systems, focusing on a vertically integrated model that includes power generation, data centers, bitcoin mining, and modular micro-refineries [1][4][7] Company Strategy - The company has undergone significant restructuring over the past year, enhancing shareholder value and reducing debt while developing a unified strategy to integrate its business units into a cohesive platform [3][4] - The core business of Olenox, the parent company, is energy, primarily generating revenue from oil and gas sales, while also focusing on technologies that lower production costs and carbon footprint [4][6] Business Focus - Containerized construction remains a strong asset for the company, leveraging a license to use recycled shipping containers for new construction, which aligns with its energy-driven mission [5][6] - The integrated strategy emphasizes the synergies between containerized construction and energy applications, such as generator enclosures and modular data centers [5][6] Future Positioning - The company aims to position itself as a fully integrated, technology-enabled energy producer with controlled manufacturing capabilities, focusing on containerized generators, modular data centers, bitcoin mining units, and containerized micro-refineries [7] - By combining in-house and licensed technologies, the company plans to manage the energy value chain effectively, from raw materials to final products [7]

Group 1: WeShop Holdings Limited (WSHP) - WeShop Holdings Limited (WSHP) experienced a significant share price increase of 448.48%, rising to $181 from a low of $29 over the year [1][6] - The surge in share price is supported by a trading volume of 202,565, indicating strong investor interest [1] - The company's innovative social commerce platform, which integrates shopping with social interactions, is a key driver of this growth [1] Group 2: Nuvation Bio Inc. (NUVB-WT) - Nuvation Bio Inc. (NUVB-WT) saw its share price climb by 81.6% to $0.22, with a trading volume of 424,194 [2][6] - The company focuses on developing novel therapies for cancer treatment, positioning it well in the biopharmaceutical sector [2] Group 3: Semrush Holdings, Inc. (SEMR) - Semrush Holdings, Inc. (SEMR) experienced a share price increase of 74.52%, reaching $11.79, backed by a trading volume of 35,613,890 [3][6] - The company is under investigation by the Ademi Firm regarding its recent transaction with Adobe, raising concerns about potential breaches of fiduciary duty [3] Group 4: SCHMID Group N.V. Warrants (SHMDW) and Safe & Green Holdings Corp. (SGBX) - SCHMID Group N.V. Warrants (SHMDW) saw a price increase of 68.35% to $0.64 [4] - Safe & Green Holdings Corp. (SGBX) experienced a 61.14% rise to $5.49 and has engaged IBN to enhance its corporate communications strategy [4] Group 5: Market Trends - The top gainers highlight diverse sectors experiencing growth, including biotechnology, software, green construction, and e-commerce [5] - The movements underscore the importance of staying informed on market trends and the potential of companies across different industries to make significant strides in their market value [5]

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Sigma Lithium Corporation (SGML) is up 31% at $10.21 [3] - Safe & Green Holdings Corp. (SGBX) is up 22% at $4.17 [3] - VCI Global Limited (VCIG) is up 15% at $1.18 [3] - Vera Bradley, Inc. (VRA) is up 13% at $3.27 [3] - TMC the metals company Inc. (TMC) is up 8% at $5.88 [3] - DDC Enterprise Limited (DDC) is up 6% at $4.74 [3] - Relmada Therapeutics, Inc. (RLMD) is up 6% at $4.55 [3] - Tonix Pharmaceuticals Holding Corp. (TNXP) is up 5% at $17.18 [3] - Viewbix Inc. (VBIX) is up 5% at $2.10 [3] - Penguin Solutions, Inc. (PENG) is up 4% at $18.98 [3] Premarket Losers - Aimei Health Technology Co., Ltd (AFJK) is down 10% at $9.40 [4] - Gauzy Ltd. (GAUZ) is down 8% at $2.15 [4] - Wix.com Ltd. (WIX) is down 7% at $116.87 [4] - Diginex Limited (DGNX) is down 7% at $14.99 [4] - Okeanis Eco Tankers Corp. (ECO) is down 6% at $36.85 [4] - Olema Pharmaceuticals, Inc. (OLMA) is down 6% at $18.89 [4] - KULR Technology Group, Inc. (KULR) is down 6% at $2.52 [4] - Movano Inc. (MOVE) is down 5% at $10.54 [4] - Core AI Holdings (CHAI) is down 4% at $2.16 [4] - ARB IOT Group Limited (ARBB) is down 3% at $5.74 [4]

Company Operations - Safe & Green Holdings Corp. operates in four segments: construction, medical, oil and gas, and environmental[332]. - The company generated revenue from medical testing and is focusing on establishing a national presence in the medical segment through Safe & Green Medical Corporation[333]. - In 2024, the company acquired Olenox Corp., which specializes in revitalizing underdeveloped energy assets, leading to significant production growth in the oil and gas sector[334]. - The company is focused on utilizing patented technology for biomedical waste management through SG Environmental Solutions Corp.[333]. - The company has increased control over manufacturing processes since acquiring Echo DCL, LLC, enhancing product offerings[333]. Financial Performance - Total revenue for the nine months ended September 30, 2025, was $2,338,870, a decrease of approximately 41% compared to $3,932,592 for the same period in 2024[371]. - Cost of revenue increased by approximately 10%, totaling $3,965,265 for the nine months ended September 30, 2025, compared to $3,618,031 for the same period in 2024[373]. - Total operating loss for the nine months ended September 30, 2025, was $8,027,488, compared to a loss of $5,021,927 for the same period in 2024[371]. - Net loss attributable to common stockholders for the nine months ended September 30, 2025, was $12,636,410, compared to $12,094,545 for the same period in 2024[371]. - Gross loss for the nine months ended September 30, 2025, was $(1,626,395), compared to a gross income of $314,561 for the same period in 2024, resulting in a gross profit margin percentage decrease to (70)% from 8%[374]. - Total revenue for the three months ended September 30, 2025, was $1,051,165, a decrease of $702,058 or approximately 40% compared to $1,753,223 for the same period in 2024, primarily due to fewer construction jobs in progress[379]. - Operating expenses for the nine months ended September 30, 2025, were $6,401,093, an increase from $5,336,488 in the same period in 2024, driven by higher general and administrative expenses[376]. - Other income for the nine months ended September 30, 2025, was $2,592,979, significantly higher than $186,634 for the same period in 2024, due to a legal settlement and employee retention credits[377]. - Net cash used in operating activities for the nine months ended September 30, 2025, was $(3,817,995), a decrease of approximately $6,097,921 compared to $(9,915,916) for the same period in 2024[393]. - The company recognized a loss on conversion of notes payable amounting to $4,915,209 during the three months ended September 30, 2025[384]. - Total operating loss for the three months ended September 30, 2025, was $(2,507,726), compared to $(2,241,085) for the same period in 2024[378]. - The company had an accumulated deficit of $111,168,493 as of September 30, 2025, compared to $98,532,083 as of December 31, 2024[391]. - EBITDA for the nine months ended September 30, 2025, was $(10,142,715), compared to $(9,499,718) for the same period in 2024, reflecting a decline of approximately 6.8%[412]. - Adjusted EBITDA for the nine months ended September 30, 2025, was $(4,597,052), compared to $(3,181,429) for the same period in 2024, representing a decrease of approximately 44.4%[412]. Debt and Financing - The company entered into a Cash Advance Agreement on January 22, 2025, selling future receivables of $104,930 for a net amount of $63,000[336]. - A promissory note was issued on January 22, 2025, for $143,750 with a twelve percent interest rate, requiring monthly payments starting February 28, 2025[337]. - On February 12, 2025, the company executed a promissory note for $360,000, purchased for $300,000, with a fifteen percent annual interest rate[338][339]. - The company issued a promissory note for up to $1,875,000 on March 6, 2025, with a twenty-five percent original issue discount and a twelve percent annual interest rate[345]. - The conversion price for the promissory note issued to Tysadco is set at $0.50 per share, with penalties for events of default including a daily penalty of $500[345]. - The Company executed and issued a Promissory Note in favor of GS Capital Partners, LLC for an aggregate principal amount of $360,000[347]. - The Note purchased by GSA had an original issue discount of $60,000, with a guaranteed interest of $54,000 for the first twelve months[348]. Market and Compliance - The Company plans to apply for trading on the OTCQB market to address the risk of delisting from Nasdaq[361]. - The Nasdaq Hearings Panel granted the Company's request for continued listing on the Nasdaq Capital Market, conditioned on compliance by August 28, 2025[367]. - The Company must effect a reverse stock split and achieve a closing bid price of $1.00 or more per share for at least ten consecutive business days to maintain its listing[367]. Asset Management - The amortization expense for intangible assets for the nine months ended September 30, 2025, was $85,913, compared to $10,251 for the same period in 2024, showing a significant increase of approximately 738%[408]. - The accumulated amortization as of September 30, 2025, was $91,351, up from $63,392 as of December 31, 2024, indicating an increase of approximately 44.1%[408]. - There were no goodwill impairments during the nine months ended September 30, 2025, or 2024, maintaining the carrying value of goodwill[407]. - The company reported a change in fair value of equity-based investments of $5,590,666 for the nine months ended September 30, 2025[412]. - The company’s intangible assets include patents valued at $801,207, which are being recognized over 7 years[408]. - The company applies revenue recognition over time for certain contracts, similar to the percentage of completion method, which may lead to revisions in cost estimates[406].

Core Points - Safe & Green Holdings Corp. will hold its 2025 Annual Meeting of Stockholders on December 29, 2025, with a record date of November 21, 2025, for voting eligibility [1][2] - A significant agenda item is the approval for New Asia Holdings Corp. shareholders to convert non-voting convertible preferred shares into common stock, completing the merger with Olenox Corp. and Machfu, Inc. [2] - The merger aims to create a diversified company that combines Olenox's energy expertise with Machfu's IIoT technology, enhancing Safe & Green's presence in sustainable infrastructure and energy solutions [3] Company Developments - Olenox Corp., a subsidiary of Safe & Green, focuses on acquiring and revitalizing underdeveloped oil and gas assets in Texas, Oklahoma, and Kansas [3][7] - The merger signifies a strategic shift for Safe & Green from modular home construction to becoming an integrated energy company, emphasizing industrial builds such as generator sets and AI data centers [4] - Safe & Green is consolidating operations in Conroe, Texas, while Olenox implements AI systems to optimize well site operations and reviews drilling sites within its portfolio [5] Future Plans - Olenox plans to initiate an aggressive drilling program, targeting the completion of one drilling project in Q4 2025, with an ambitious agenda for 2026 and beyond [6] - The company has established an Open Collaborative Framework partnership with OneQode, enhancing its technological capabilities in energy services [6][8]

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Qualigen Therapeutics, Inc. (QLGN) increased by 69% to $6.00 - Inhibrx Biosciences, Inc. (INBX) rose by 62% to $46.04 - MidWestOne Financial Group, Inc. (MOFG) gained 33% to $37.87 - Neuphoria Therapeutics Inc. (NEUP) up by 31% to $5.32 - Nextracker Inc. (NXT) increased by 13% to $102.44 - Avalon Holdings Corporation (AWX) rose by 11% to $2.98 - Beyond Meat, Inc. (BYND) up by 9% to $3.12 - SLM Corporation (SLM) increased by 8% to $29.00 - Reborn Coffee, Inc. (REBN) rose by 7% to $2.40 - Oriental Culture Holding LTD (OCG) increased by 5% to $3.55 [3] Premarket Losers - Picard Medical, Inc. (PMI) decreased by 70% to $3.89 - Fusemachines Inc. Common stock (FUSE) down by 17% to $3.29 - American Rebel Holdings, Inc. (AREB) fell by 16% to $3.14 - Armata Pharmaceuticals, Inc. (ARMP) down by 13% to $6.16 - Coya Therapeutics, Inc. (COYA) decreased by 13% to $6.01 - Deckers Outdoor Corporation (DECK) down by 12% to $90.00 - Safe & Green Holdings Corp. (SGBX) fell by 12% to $2.58 - Beasley Broadcast Group, Inc. (BBGI) decreased by 8% to $5.55 - Booz Allen Hamilton Holding Corporation (BAH) down by 7% to $92.73 - Brera Holdings PLC (SLMT) decreased by 6% to $10.67 [4]

Core Insights - Safe and Green Holdings Corp. is enhancing its corporate communications strategy by partnering with IBN, a financial news and publishing company [1][4] - The company is advancing its energy strategy through its subsidiary Olenox Corp., which focuses on acquiring and reviving underutilized oil and gas assets [2] - Olenox has successfully acquired 111 wells across 1,600 acres and is currently producing 55 barrels of oil per day, with plans for further production increases [2] - Safe and Green Holdings also operates in modular manufacturing, healthcare, and environmental technology, consolidating operations into a new facility in Texas [3][6] Company Operations - Olenox Corp. is a key subsidiary of Safe and Green Holdings, focusing on oil and gas asset revival [2] - The modular manufacturing arm, SG Echo, is streamlining logistics by sharing space with Olenox in Texas [3] - Safe and Green Holdings aims to provide safe and green solutions across various industries through its modular solutions capabilities [6] Strategic Partnerships - IBN will utilize its extensive distribution network, which includes over 5,000 syndication outlets and a large social media following, to enhance awareness for Safe and Green Holdings [4][5] - IBN has over 19 years of experience and has assisted more than 500 client partners, positioning it to effectively reach a broad audience [5][7]

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - Ventyx Biosciences, Inc. (VTYX) increased by 108% to $8.05 - Brera Holdings PLC (SLMT) rose by 49% to $12.50 - Safe & Green Holdings Corp. (SGBX) gained 39% to $3.18 - American Rebel Holdings, Inc. (AREB) up by 26% to $2.71 - Tango Therapeutics, Inc. (TNGX) increased by 18% to $10.25 - Garrett Motion Inc. (GTX) rose by 14% to $14.30 - ETHZilla Corporation (ETHZ) gained 12% to $17.61 - D-Wave Quantum Inc. (QBTS) increased by 11% to $30.40 - IonQ, Inc. (IONQ) rose by 10% to $61.04 - Megan Holdings Limited (MGN) up by 7% to $2.31 [3] Premarket Losers - Splash Beverage Group, Inc. (SBEV) decreased by 21% to $2.06 - Molina Healthcare, Inc. (MOH) down by 18% to $158.44 - SCHMID Group N.V. (SHMD) fell by 18% to $3.18 - Beyond Meat, Inc. (BYND) decreased by 18% to $2.91 - Agencia Comercial Spirits Ltd (AGCC) down by 16% to $5.07 - Super League Enterprise, Inc. (SLE) fell by 13% to $2.25 - Armata Pharmaceuticals, Inc. (ARMP) decreased by 12% to $5.99 - Applied DNA Sciences, Inc. (BNBX) down by 12% to $4.19 - Ribbon Communications Inc. (RBBN) fell by 12% to $3.49 - Tamboran Resources Corporation (TBN) decreased by 11% to $21.81 [4]