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-0.02947932618683 -0.029096477794793 -0.0199081163859111 -0.00459418070444096 -0.0336906584992342 -0.0773353751914242 -0.143185298621746 -0.13323124042879
Stock impact report

Safe & Green Holdings Corp Announces Reverse Split of the Company’s Common Stock

Safe & Green Holdings Corp. (SGBX) 
NASDAQ:AMEX Investor Relations: ir.sgblocks.com
Company Research Source: GlobeNewswire
Miami FL, April 30, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures for residential, commercial, and point-of-care medicine, today announced a planned reverse stock split of its shares of common stock at a ratio of 1-for-20. The reverse stock split will take effect as of 12:01 a.m. ET, on Thursday, May 2, 2024, and shares of Safe and Green Holdings will trade on a post-split basis on Nasdaq under the existing trading symbol, “SGBX,” at the market open on May 2, 2024. At the Company’s annual meeting of stockholders held December 6, 2023, stockholders approved an amendment to the Company’s certificate of incorporation to implement a reverse stock split at  a ratio of 1-for-10 to 1-for-20 and granted the board of directors the authority to implement and determine the exact split ratio within such range, which was subsequently set by the board at a rati Show less Read more
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