MIAMI, Oct. 29, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company"), a real estate development company, announces the start of construction on its Sugar Phase I project in South Texas.Following the recent completion of all required site work and receipt of necessary elevation certificates and permits, SG Devco has officially broken ground on this first phase, which will consist of 5 single-family homes. This marks an important step forward for SG Devco's p ...

MIAMI, Oct. 23, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company"), a leading real estate development company, announces that it has poured the foundation for its first home in South Texas.The Company previously announced that it secured financing terms for the vertical construction of the Company's model home. The home is expected to be delivered in the next 75 days.This home is the precursor to the Company's Sugar Phase I Development which recently rece ...

MIAMI, Oct. 17, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company"), a leading real estate development company releases a letter to shareholders from SG Devco CEO, David Villarreal: "Dear SGD Shareholders, I wanted to take a quick moment of your time to address the recent reverse stock split & the subsequent trading of the stock since then. I would like to begin by stating that our reverse stock split was completed after receiving shareholder approval to d ...

MIAMI, Oct. 15, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company"), a leading real estate development company, announces that all site work has been completed for the first phase of its Sugar Phase I project in South Texas. Since the first announcement of the project, the Company has been resurfacing the lots to receive the necessary elevation certificates to move forward with vertical construction. The Company has now completed the work and received all ...

MIAMI, Oct. 9, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company") a leading real estate development company focused on sustainable and eco-friendly projects, is pleased to announce that it has accepted a preliminary binding purchase commitment from Trio, as Program Administrator for Choctaw American Insurance, Inc. ("Choctaw"), for its development project in South Texas. The sale of the first 5 homes, referenced in the commitment, is expected to generate ...

MIAMI, Oct. 8, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company"), a leading real estate development firm focused on eco-friendly and sustainable projects, is pleased to announce that it has successfully secured financing terms for the vertical construction of a model home in South Texas. The model home will provide potential buyers and partners with a tangible example of the Company's design and construction capabilities, helping to streamline the decisi ...

Core Viewpoint - Safe and Green Development Corporation (SG DevCo) will implement a 1-for-20 reverse stock split effective October 8, 2024, to comply with Nasdaq's minimum bid price requirement and enhance the attractiveness of its stock to investors [1][5]. Group 1: Reverse Stock Split Details - The reverse stock split will combine every 20 shares of Common Stock into one share, reducing the outstanding shares from approximately 19 million to about 0.95 million [3]. - The par value of the shares will remain unchanged at $0.001 per share, and the ownership percentage for stockholders will not be affected, except for fractional shares [3]. - The new CUSIP number for the Common Stock post-split will be 78637J204 [1]. Group 2: Compliance and Investor Appeal - The reverse split aims to ensure compliance with Nasdaq's requirement for a minimum bid price of $1.00 per share [5]. - The action is expected to make the stock more appealing to a wider range of institutional and retail investors [5]. Group 3: Shareholder Instructions - Equiniti Trust Company, the transfer agent, will provide instructions to stockholders regarding the exchange of their shares, while those holding shares in brokerage accounts will not need to take any action [4]. - Stockholders entitled to fractional shares will receive a cash payment based on the average closing sales price of the Common Stock for the ten days preceding the effective time [6]. Group 4: Company Overview - SG DevCo focuses on real estate development using prefabricated modules and aims to create innovative and sustainable projects across various income and asset classes [7]. - The company also has a subsidiary, Majestic World Holdings LLC, which has developed a real estate AI platform to integrate various stakeholders in the real estate market [7].

Toronto, Ontario--(Newsfile Corp. - September 23, 2024) - Scott Berdahl, Chief Executive Officer and Director, Snowline Gold Corp. (TSXV: SGD) ("Snowline" or the "Company"), and his team joined Richard Goodman, Managing Director, Capital Development, Toronto Stock Exchange, to celebrate the Company's new listing on the TSX Venture Exchange and close the market. Cannot view this video? Visit: https://www.youtube.com/watch?v=I0N_7YLGuHI Snowline Gold Corp. is a Yukon Territory focused gold exploration company ...

MIAMI, Aug. 15, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG DevCo" or the "Company") announces the expansion of its joint venture project in Edinburg, Texas, after entering into an agreement to acquire 22 additional single-family lots. These lots are an addition to the previously announced acquisition of 5 lots in the same subdivision. This strategic move marks a significant step towards the Company's goal of capitalizing on the rapid growth in and around the Rio Grande Va ...

These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions, and expected future developments, as well as other factors we believe are appropriate in the circumstances. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company's ability to commence construction and complete the 24-lot project in Texas as planned, the Co ...