Safe & Green Holdings Corp. Announces Stock Split Proposal to Regain Nasdaq Compliance

Reuters
2025.08.22 15:22
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Safe & Green Holdings Corp. has proposed a reverse stock split to consolidate its outstanding shares at a ratio of 1-for-10 to 1-for-100, aiming to regain Nasdaq compliance and attract institutional investors. The proposal will be discussed at a virtual special meeting of stockholders on August 25, 2025.

Safe & Green Holdings Corp. has announced a proposal for a reverse stock split, allowing the board of directors to consolidate its outstanding shares. The proposed split would combine shares at a ratio ranging from 1-for-10 to 1-for-100, with the exact ratio to be determined by the board. This move aims to regain compliance with Nasdaq and attract institutional investors. The proposal will be discussed at a virtual special meeting of stockholders on August 25, 2025. 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 ACCESS Newswire (Ref. ID: 1064192) on August 22, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)