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0.0344827586206895 -0.00862068965517242 0.0229310344827586 0.0258620689655173 0.0338793103448275 -0.0172413793103448 0.0171551724137931 -0.00853448275862071
Stock impact report

Safe and Green Development Corporation Announces $9.0 Million Private Placement

Safe and Green Development Corporation (SGD) 
Company Research Source: GlobeNewswire
MIAMI, FL, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) ("SGD" or the “Company”), a real estate development and environmental solutions company, today announced that it has entered into a securities purchase agreement for a private investment in public equity (“PIPE”) financing for  gross proceeds to the Company of approximately $9.0 million, before deducting placement agent fees and offering expenses. Pursuant to the terms of the securities purchase agreement, the Company is selling an aggregate of 360,000 shares of the Company’s Series B Non-Voting Convertible Preferred Stock (the “Preferred Stock”) convertible at $1.36 per share into 6,617,647 shares of common stock and common warrants (the “Warrants”) to purchase up to 6,617,647 shares of common stock exercisable at an exercise price of $1.36 per share. Each unit is being sold at a combined price of $25.00 for each share of Preferred Stock and accompanying warrant, which pricing was des Show less Read more
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