Group 1 - Safe & Green Holdings Corp. has received a court-ordered award of approximately $1.157 million for attorney's fees and costs related to its litigation against EDI International, in addition to a jury verdict of $1.274 million in favor of the Company [1] - The court-ordered award and jury verdict are both subject to appeal, indicating ongoing legal proceedings [1] - The Chairman and CEO of Safe & Green Holdings expressed satisfaction with the court's decision, viewing it as validation of the Company's case against EDI [1] Group 2 - Safe & Green Holdings Corp. specializes in the development, design, and fabrication of modular structures, focusing on sustainable solutions across various industries [2] - The Company supports third-party and in-house developers, architects, builders, and owners in achieving faster execution and greener construction [2]

Core Insights - Safe & Green Holdings Corp. has appointed Mr. Samarth Verma to its Board of Directors, replacing Shafron Hawkins who stepped down due to a government position [1][2] - Mr. Verma is recognized for his expertise in technology innovation and entrepreneurship, with a background in immersive media, advanced mathematics, and corporate development across various sectors [2][5] - The appointment aligns with the company's strategic focus on innovation, scalable growth, and the integration of smart technologies into modular infrastructure [2][6] Company Overview - Safe & Green Holdings Corp. specializes in the development, design, and fabrication of modular structures, aiming to meet the demand for safe and sustainable solutions across multiple industries [7] - The company supports third-party and in-house developers, architects, builders, and owners in achieving faster execution, greener construction, and higher-value buildings [7] Mr. Verma's Background - Mr. Verma has a diverse background, having co-founded FansXR, where he led the development of immersive media broadcasting technologies [3][4] - His early research experience includes publishing a paper at the age of nine and working on a NASA grant project as a student research associate [4] - He has extensive experience in marketing to large affinity groups and has developed projects across various sectors including hospitality, gaming, and energy [5] Strategic Impact - The Chairman and CEO of Safe & Green Holdings, Mike McLaren, expressed confidence in Mr. Verma's ability to contribute to the company's strategic growth and innovation initiatives [6] - Mr. Verma aims to provide strategic guidance and leverage his experience to navigate opportunities and challenges as the company continues to scale [6]

Core Insights - Safe & Green Holdings Corp. has announced a new construction contract between its subsidiary SG Echo, LLC and Troy Vines, Inc. for rebuilding an overhead bin system at a plant in Odessa, Texas [1][2] - This contract marks a new business venture for SG Echo, facilitated by the recent acquisition of County Line Industrial, and highlights synergies with the Olenox business in the oil and gas sector [2][3] 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 [5] - Olenox Corp., a subsidiary, is an advanced energy company that focuses on oil and gas production and revitalizing distressed energy assets while minimizing environmental impact [4] Strategic Growth - The CEO of Safe & Green Holdings emphasized the benefits of the County Line acquisition, indicating ongoing opportunities for revenue expansion through construction and repair needs within and outside the oil and gas industry [3]

D. Boral Capital is acting as the Exclusive Placement Agent for the Offering. Sichenzia Ross Ference Carmel LLP is acting as counsel to the Company. Lucosky Brookman LLP is acting as counsel to D. Boral Capital. MIAMI, April 14, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, today announced the pricing of a Private Placement with gross proceeds to the Company expected to be a ...