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.
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