Core Insights - Safe & Green Holdings Corp. is undergoing a transformation aimed at enhancing financial strength, operational momentum, and strategic expansion, supported by $108 million in committed funding [1][2] - The company is implementing an aggressive buy-and-build strategy to establish a strong presence in both domestic and international markets [1][3] Key Achievements - The leadership team is focused on high-value partnerships and acquisitions in US energy production, sustainable technologies, and modular construction solutions [3] - The company has a robust pipeline of strategic acquisitions to augment its business operations, backed by the $108 million funding from D.Boral and the ELOC Securities Purchase Agreement [3] - Significant structural changes have been made, including the appointment of seasoned C-suite executives and the formation of an executive committee to streamline acquisition processes [5] - The merger with New Asia Holdings, Inc. and its subsidiaries, including Olenox and Machfu, is expected to accelerate growth into new business channels [5] - The company has regained compliance with Nasdaq's minimum equity standard to ensure continued listing on The Nasdaq Capital Market [5] Recent Acquisitions - The purchase of County Line Industrial, LLC enhances the company's access to customers in the ready-mix cement and oil and gas sectors [5] - The acquisition of a majority interest in Winchester Oil and Gas, LLC, which operates over 500 wells in Texas, reported production of approximately 50 barrels per day, with peak production reaching 200 barrels in the last four years [5]

Core Insights - Safe & Green Holdings Corp. has announced a new construction contract between its subsidiary SG Echo, LLC and Troy Vines, Inc. for rebuilding an overhead bin system at a plant in Odessa, Texas [1][2] - This contract marks a new business venture for SG Echo, facilitated by the recent acquisition of County Line Industrial, and highlights synergies with the Olenox business in the oil and gas sector [2][3] Company Overview - Safe & Green Holdings Corp. specializes in the development, design, and fabrication of modular structures, focusing on safe and green solutions across various industries [5] - Olenox Corp., a subsidiary, is an advanced energy company that focuses on oil and gas production and revitalizing distressed energy assets while minimizing environmental impact [4] Strategic Growth - The CEO of Safe & Green Holdings emphasized the benefits of the County Line acquisition, indicating ongoing opportunities for revenue expansion through construction and repair needs within and outside the oil and gas industry [3]

Core Points - Safe & Green Holdings Corp. announced a Private Placement with expected gross proceeds of approximately $8.0 million [1][3] - The offering consists of 20,408,160 Common Units, which include shares of Common Stock and two types of Warrants with specific exercise prices [2] - The transaction is expected to close on or about April 14, 2025, subject to customary closing conditions [3] Offering Details - Each Common Unit consists of one share of Common Stock or one Pre-Funded Warrant, along with Series A and Series B Registered Common Warrants [2] - The public offering price per Common Unit is set at $0.392, while the Pre-Funded Unit price is $0.3919 [2] - The Series A Warrants have an initial exercise price of $0.784 and expire in 60 months, while the Series B Warrants have an exercise price of $0.98 and expire in 30 months [2] Use of Proceeds - The net proceeds from the offering will be used for working capital, general corporate purposes, and equipment for expansion [3] Legal and Advisory Information - D. Boral Capital is the Exclusive Placement Agent for the offering, with legal counsel provided by Sichenzia Ross Ference Carmel LLP and Lucosky Brookman LLP [4]

D. Boral Capital is acting as the Exclusive Placement Agent for the Offering. Sichenzia Ross Ference Carmel LLP is acting as counsel to the Company. Lucosky Brookman LLP is acting as counsel to D. Boral Capital. MIAMI, April 14, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, today announced the pricing of a Private Placement with gross proceeds to the Company expected to be a ...

MIAMI, FL, April 09, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, announces the acquisition of the assets and business of County Line Industrial, LLC, a Durant, Oklahoma business providing welding services in Oklahoma and Texas. The acquisition enhances the Company’s access to customers in its ready-mix cement and oil and gas businesses. The Company believes that the strate ...

MIAMI, FL, April 09, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, announces the acquisition of the assets and business of County Line Industrial, LLC, a Durant, Oklahoma business providing welding services in Oklahoma and Texas.  The acquisition enhances the Company's access to customers in its ready-mix cement and oil and gas businesses. The Company believes that the strate ...

MIAMI, April 08, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, announces its wholly owned subsidiary, Olenox Corp. ("Olenox"), has purchased a 51% stake in Winchester Oil and Gas, LLC ("Winchester"). Winchester operates more than 500 wells in Texas with leases centered in Milam and Parker counties. It recently reported production of approximately 50 barrels a day, with peak p ...

MIAMI, April 08, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, announces its wholly owned subsidiary, Olenox Corp. (“Olenox”), has purchased a 51% stake in Winchester Oil and Gas, LLC (“Winchester”). Winchester operates more than 500 wells in Texas with leases centered in Milam and Parker counties. It recently reported production of approximately 50 barrels a day, with peak ...

Revenue for the twelve months ended December 31, 2024, was $4.9 million, compared to $15.5 million for the twelve months ended December 31, 2023, primarily reflecting a decrease in construction services revenue. Gross profit (loss) for 2024 was ($244,077) compared to $(2.55) million for 2023. MIAMI, April 01, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, reports financial res ...

MIAMI, April 01, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, reports financial results for the year ended December 31, 2024 and provides a corporate update. Recent Highlights: While 2024 was a challenging year for Safe & Green Holdings, we had several key events that we believe will be the foundation for the Company's future," stated CEO Mike McLaren. "First, we have a str ...