Safe and Green Development Corporation Expects to Close the Sale of St. Mary’s Site in May 2024
Safe and Green Development Corporation (SGD)
Company Research
Source: GlobeNewswire
MIAMI, Fla, April 30, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SG Devco” or the “Company”) is pleased to announce it has entered into an amendment to its original contract for the sale of its St. Mary’s site to extend the closing date. After evaluating the current timeline, the closing of this transaction is expected by May 30, 2024, with the transaction potentially concluding as early as May 15th. This transaction will yield in excess of $1M in non-dilutive capital, bolstering the Company's operational capabilities. Furthermore, the Company announced that the closing for this transaction will take place via SG Devco’s online real estate market platform, Xene Home. This platform offers a seamless and secure digital experience, seeking to revolutionize the way real estate transactions are conducted. David Villarreal, CEO of Safe and Green Development Corporation, expressed his enthusiasm regarding the extension of the closing dat
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SGD
News
- Safe and Green Development Corporation Reports First Quarter 2024 Financial Results and Provides a Business UpdateGlobeNewswire
- Safe and Green Development Corporation Inks Partnership to Provide Mortgage Services via the Xene Platform Across 49 States in the U.SGlobeNewswire
- Safe and Green Development Corporation to Acquire MyVonia, a Cutting-Edge AI AssetGlobeNewswire
- Safe and Green Development Corporation Executes Contract to Sell Lago Vista SiteGlobeNewswire
- Safe and Green Development Corp Launches XENE Home AI PlatformGlobeNewswire
SGD
Sec Filings
- 5/15/24 - Form 10-Q
- 5/15/24 - Form 8-K
- 5/13/24 - Form 8-K
- SGD's page on the SEC website