Safe and Green Development Corporation - Common Stock (SGD)
1.5400
+0.0400 (2.67%)
Safe and Green Development Corporation is a company focused on the development and management of sustainable real estate projects
The firm specializes in creating environmentally friendly structures and communities that prioritize eco-conscious living, integrating innovative design and construction practices to reduce carbon footprints while enhancing the quality of life for residents. Through its commitment to sustainability, Safe and Green aims to address the growing demand for green housing solutions and contribute positively to urban development. The company engages in various aspects of real estate, from site selection and development to property management, all while fostering partnerships that support community growth and environmental stewardship.
Safe and Green shares are trading higher Wednesday after the company announced it has secured an investment of up to $10 million from Arena Investors. Here's a look at what's going on:
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MIAMI, Fla, May 21, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQSGD) (“SG DevCo” or the “Company”) is providing an update on the planned sale of its St Mary’s property.
MIAMI, FL, May 09, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQSGD) (“SG Devco” or the “Company”) is pleased to announce its partnership with Affiliated Services Group (ASG) to offer mortgage banking related services on its innovative Xene platform across 49 states in the U.S. ASG, an industry leader in mortgage banking services, is bringing its extensive experience and expertise to this venture. By joining forces with SG Devco, ASG is further solidifying its commitment to providing top-notch, sustainable financial solutions to homeowners nationwide. This collaboration will allow both companies to deliver seamless and efficient mortgage services to customers across the United States.
MIAMI, Fla, May 07, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQSGD) (“SG Devco” or the “Company”) is pleased to announce that it has entered into an agreement to acquire MyVONIA, an advanced artificial intelligence (AI) assistant, subject to certain closing conditions. Closing is expected during the second quarter of 2024. MyVONIA utilizes machine learning and natural language processing algorithms to provide users with human-like conversational interactions, tailored to their specific needs. MyVONIA does not require an app, or website but is accessible to subscribers via text messaging.
MIAMI, Fla, April 30, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQSGD) (“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.
