Safe & Green Holdings Corp. Provides Corporate Update

Core Insights - Safe & Green Holdings Corp. is undergoing a transformation aimed at enhancing financial strength, operational momentum, and strategic expansion, supported by $108 million in committed funding [1][2] - The company is implementing an aggressive buy-and-build strategy to establish a strong presence in both domestic and international markets [1][3] Key Achievements - The leadership team is focused on high-value partnerships and acquisitions in US energy production, sustainable technologies, and modular construction solutions [3] - The company has a robust pipeline of strategic acquisitions to augment its business operations, backed by the $108 million funding from D.Boral and the ELOC Securities Purchase Agreement [3] - Significant structural changes have been made, including the appointment of seasoned C-suite executives and the formation of an executive committee to streamline acquisition processes [5] - The merger with New Asia Holdings, Inc. and its subsidiaries, including Olenox and Machfu, is expected to accelerate growth into new business channels [5] - The company has regained compliance with Nasdaq's minimum equity standard to ensure continued listing on The Nasdaq Capital Market [5] Recent Acquisitions - The purchase of County Line Industrial, LLC enhances the company's access to customers in the ready-mix cement and oil and gas sectors [5] - The acquisition of a majority interest in Winchester Oil and Gas, LLC, which operates over 500 wells in Texas, reported production of approximately 50 barrels per day, with peak production reaching 200 barrels in the last four years [5]