Workflow
Safe & Green Holdings Corp. Regains Compliance with Nasdaq Continued Listing Requirements
Safe & GreenSafe & Green(US:SGBX) Newsfilterยท2025-02-28 13:05

Core Viewpoint - Safe & Green Holdings Corp. has successfully regained compliance with Nasdaq's continued listing requirements, which is a significant milestone for the company, reflecting its strong business strategy and financial position [1][2]. 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 [3]. - The company supports third-party and in-house developers, architects, builders, and owners, enabling faster execution, greener construction, and higher value buildings [3]. Compliance and Future Outlook - The company has received a listing decision from the Nasdaq Hearings Panel, confirming compliance with the minimum equity standard and other criteria for continued listing on The Nasdaq Capital Market [1]. - Safe & Green Holdings is currently in a grace period until June 10, 2025, to regain compliance with Nasdaq's minimum price bid requirement [1]. - The CEO emphasized the importance of maintaining the Nasdaq listing for enhancing credibility with investors and stakeholders, and the company is committed to delivering innovative modular solutions and expanding market presence [2].