Miami, FL, July 24, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, is pleased to announce it has engaged Northmarq Capital to secure a suitable deal and partner for a sale-leaseback involving its Waldron facility located in Durant, Oklahoma. This strategic move for the property appraised at $4.7 million is intended to free up working capital, thereby supporting Safe & Green H ...

MIAMI, FL, July 12, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, announces that Paul Galvin, CEO of the Company, has elected to receive part of his 2023 performance bonus in shares of common stock of the Company in lieu of cash, reiterating his commitment to the Company. Mr. Galvin will receive 69,960 shares of common stock of the Company, which represents approximately $16 ...

MIAMI, FL, July 12, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, announces that Paul Galvin, CEO of the Company, has elected to receive part of his 2023 performance bonus in shares of common stock of the Company in lieu of cash, reiterating his commitment to the Company. Mr. Galvin will receive 69,960 shares of common stock of the Company, which represents approximately $165 ...

Company Overview - Safe & Green Holdings Corp. is a leading developer, designer, and fabricator of modular structures, focusing on safe and green solutions across various industries [5] - The company supports third-party and in-house developers, architects, builders, and owners in achieving faster execution, greener construction, and higher value buildings [5] - The subsidiary, Safe and Green Development Corporation, specializes in real estate development using purpose-built, prefabricated modules made from wood and steel [5] Upcoming Events - The 2024 Annual Meeting of Stockholders is scheduled for September 27, 2024, at 10:00 AM Eastern Time, to be held at 45 Rockefeller Center, New York [3] - The record date for determining stockholders entitled to notice and vote at the meeting is set for August 1, 2024 [3]

Intermodal Electrical Distribution Unit A modular electrical distribution center offers a flexible and customizable solution for distributing electricity from a single source to multiple destinations. The unit excels in versatility and dependability, efficiently managing and distributing electrical power, and is easily adaptable to evolving technologies and escalating power requirements. David Cross, Director of Business Development, commented, "With these new orders, we are currently producing a total of e ...

Core Insights - Safe & Green Holdings Corp. has received an expanded contract valued at over $1 million to construct an additional 11 container modules for a government contractor serving a major U.S. government agency [1][2] - This new order increases the total number of container modules ordered and delivered for this military-related agency to 26 units, showcasing the company's commitment to supporting the U.S. military [2] - The container modules will be constructed at the company's facility in Durant, Oklahoma, and transported to a governmental site in Virginia, emphasizing the company's focus on domestic production [2] Company Overview - Safe & Green Holdings Corp. specializes in the development, design, and fabrication of modular structures, catering to the demand for safe and green solutions across various industries [3] - The company supports third-party and in-house developers, architects, builders, and owners in achieving faster execution, greener construction, and higher value buildings [3] - The subsidiary, Safe and Green Development Corporation, focuses on developing sites using purpose-built, prefabricated modules made from wood and steel [3]

David Cross, Senior Vice President of Sales and Business Development, Safe and Green Holdings MIAMI, Fla, May 29, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular as well as containerbased structures, today announced the promotion of David Cross to Senior Vice President of Sales and Business Development to reflect his considerable contributions to the Company. David Cross, a graduate of the ...

David Cross, Senior Vice President of Sales and Business Development, Safe and Green Holdings MIAMI, Fla, May 29, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular as well as container-based structures, today announced the promotion of David Cross to Senior Vice President of Sales and Business Development to reflect his considerable contributions to the Company. David Cross, a graduate of t ...

Company Overview - Safe & Green Holdings Corp. is a leading developer, designer, and fabricator of modular structures, focusing on safe and green solutions across various industries [4] - The company operates a subsidiary, Safe and Green Development Corporation, which specializes in real estate development using prefabricated modules made from wood and steel [4] Certification and Compliance - The company has received recertification of its ESR (Evaluation Service Report) for the use of shipping containers in modular construction from the International Code Council (ICC) [1][3] - The ICC Evaluation Service is recognized as the industry leader in technical evaluations for building products, ensuring compliance with building codes [2] Strategic Importance - The recertification allows the company to continue certifying intermodal containers as approved building materials, which is crucial for streamlining project approvals with building departments [3] - The initial ESR certification was awarded in 2017, marking the company as the first to receive certification for a recycled product used in construction [3]

$8 million in new business at SG Echo subsidiary; Anticipates cash flow positivity at the factory in 2024 Cost-Saving Initiatives Expected to Save $2.5 Million in Annualized Expenses to be Recognized in 2024 MIAMI, May 17, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, reported results for the three months ended March 31, 2024. Recent Highlights: Paul Galvin, Chairperson and C ...