Safe & Green Holdings Corp. Granted Extension to Regain Nasdaq Compliance, Must Meet Conditions by August 28, 2025

Reuters
07/15
Safe & Green Holdings Corp. Granted Extension to Regain Nasdaq Compliance, Must Meet Conditions by August 28, 2025

Safe & Green Holdings Corp. has announced that it received a decision from the Nasdaq Hearings Panel granting the company continued listing on the Nasdaq Capital Market, contingent on meeting specific conditions by August 28, 2025. To comply, the company must conduct a reverse stock split and ensure its stock achieves a closing bid price of at least $1.00 per share for ten consecutive business days. Additionally, by July 18, 2025, Safe & Green must publicly disclose the restructuring of its April 2025 offering to remove Class B warrants and confirm that no shares were issued under these warrants. The decision follows a hearing on June 17, 2025, where the company presented its compliance plan. While the company intends to meet these conditions, it acknowledges there is no guarantee of success.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Safe & Green Holdings Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-063681), on July 14, 2025, and is solely responsible for the information contained therein.

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