Safe & Green Holdings Corp. Faces Potential Nasdaq Delisting Due to Shareholder Dilution Concerns

Reuters
17 May
Safe & Green Holdings Corp. Faces Potential Nasdaq Delisting Due to Shareholder Dilution Concerns

Safe & Green Holdings Corp. has announced that it received a delisting notification from The Nasdaq Stock Market LLC due to concerns over shareholder dilution linked to a recent securities issuance. The Nasdaq's Listing Qualifications Department cited the Company's issuance of Series B warrants on a cashless basis as a substantial point of concern, leading to a determination to delist the Company's securities. Safe & Green Holdings Corp. plans to appeal the decision before the deadline of May 20, 2025, and will submit a compliance plan to address the issue. To mitigate the risk of delisting, the company is also considering applying for trading on the OTCQB market.

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: 0001213900-25-044947), on May 16, 2025, and is solely responsible for the information contained therein.

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