Safe & Green Holdings Corp. Announces Pricing of Approximately $8.0 Million Private Placement

Core Points - Safe & Green Holdings Corp. has announced a Private Placement expected to generate approximately $8.0 million in gross proceeds [1][3] - The offering includes 20,408,160 Common Units, which consist of shares of Common Stock and two types of Warrants with specific exercise prices [2] - The transaction is anticipated 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 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 utilized for working capital, general corporate purposes, and equipment for expansion [3] Legal and Advisory Information - D. Boral Capital is acting as the Exclusive Placement Agent, and legal counsel is provided by Sichenzia Ross Ference Carmel LLP and Lucosky Brookman LLP [4] - The securities are being sold in a private placement and have not been registered under the Securities Act, limiting their resale [4] 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 [6] - The company supports developers, architects, builders, and owners in achieving faster execution and greener construction [6]