on Safe & Green Holdings Corp (NASDAQ:SGBX)
Safe & Green Holdings Announces Virtual Special Meeting for Key Proposals
Safe & Green Holdings Corp. (NASDAQ: SGBX), a provider of modular solutions and sustainable infrastructure, has scheduled a virtual Special Meeting of Stockholders on August 25, 2025, at 10:00 AM EST. This meeting will address important corporate governance proposals.
The agenda includes a proposal for a reverse stock split, allowing the board discretion to amend the articles of incorporation and consolidate shares within a one-for-ten to one-for-one hundred ratio. This aims to enhance compliance with Nasdaq and attract institutional investors.
Additionally, there will be a proposal to authorize the issuance of Conversion Shares linked to Series B Preferred Stock beyond 19.99% of existing Common Stock, aligning with Nasdaq listing requirements. Finally, potential adjournments for garnering additional proxy support will be considered.
R. E.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Safe & Green Holdings Corp news