Safe & Green Holdings Announces Record Date and Meeting Date for the 2025 Annual Shareholders Meeting

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 [6] - The company supports third-party and in-house developers, architects, builders, and owners in achieving faster execution and greener construction [6] Upcoming Annual Meeting - The 2025 Annual Meeting of Stockholders is scheduled for April 24, 2025, with a record date of March 9, 2025, for determining eligible stockholders [1] - Further details will be provided in the forthcoming proxy statement to be filed with the Securities and Exchange Commission [1] Merger and Acquisition Details - A key agenda item for the 2025 Annual Meeting is the approval for New Asia Holdings Corp. shareholders to convert their non-voting convertible preferred shares into common stock, marking the second phase of the merger with Olenox Corp. and Machfu, Inc. [2] - This merger aims to create a diversified company by integrating Olenox's energy expertise with Machfu's Industrial Internet of Things (IIoT) technology, thereby expanding Safe & Green's footprint in sustainable infrastructure and energy solutions [2] Olenox and Machfu Contributions - Olenox specializes in acquiring and revitalizing underdeveloped oil and gas assets, focusing on distressed fields in Texas, Oklahoma, and Kansas, utilizing proprietary technologies to enhance production efficiency while minimizing environmental impact [3][4] - Machfu provides advanced IIoT solutions that optimize industrial infrastructure, enhance security, and improve operational efficiency through smart automation and data analytics [3][5] Strategic Vision - The merger aligns with the company's long-term strategy to diversify and strengthen its business, with Olenox contributing advanced energy capabilities and Machfu offering cutting-edge digital infrastructure solutions [4]