Safe & Green Development Corp/FL

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Safe & Green Development Corp. provides real estate development services. It focuses on the development of sites using purpose built, prefabricated modules built from both wood & steel, sourced from one of Safe & Green Holdings factories and operated by SG Echo. The company was founded in 2021 and is headquartered in Miami, FL.

MIAMI, Fla, April 17, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SG DevCo” or the “Company”), is pleased to provide an update and strategy regarding the operations of the business.

Safe and Green Development Corp Provides Quarterly Business Update

MIAMI, Fla, April 04, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SG DevCo” or the “Company”), is pleased to announce the Beta launch of the Xene AI Platform for the Real Estate industry.

Safe and Green Development Corp Announces XENE Home AI Beta Launch

MIAMI, Fla, March 28, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD)(“SG DevCo” or the “Company”), today reported financial results for the twelve months ended December 31, 2023.

Safe and Green Development Corp Reports Record Fiscal Year 2023 Financial Results and Provides a Business Update

MIAMI, Fla, March 11, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SG Devco” or the “Company”) is pleased to announce an update to the previously announced launch of the XENE Home platform.

Safe and Green Development Corp Launches Xene AI Exclusive Waiting List

The market has been bumpy today, with certain top growth stocks selling off on economic news. However, for investors in small-cap stocks, there are a few pockets of green worth exploring.

Why Is Safe and Green (SGD) Stock Up 110% Today?

MIAMI, Fla, March 08, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD)(“SG DevCo” or the “Company”), is pleased to announce an update on the Norman Berry Village property in Atlanta, GA.

Safe and Green Development Corp Secures Financing for Norman Berry Expansion in Atlanta, Georgia

Xene Potential Revenue Streams MIAMI, Fla, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD), also known as SG Devco, is pleased to announce the expedited development and imminent launch of the Xene Home platform, following the acquisition of Majestic World Holdings on February 8th, 2024. Xene Home, set to be fully operational by March 27th, is designed to significantly enhance the buying, selling, and investing experience in real estate.

Safe and Green Development Corp To Roll Out Xene Platform March 27th, 2024

SG Blocks

MIAMI, Fla, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SG Devco” or the “Company”), today announced that it has closed on the previously announced acquisition of Majestic World Holdings (“MWH”), a real estate technology firm and owner of the Xene AI Software platform (“XENE Platform”).  The purchase price for the acquisition consists of an aggregate of $500 thousand in cash to be paid over 5 quarters and 500,000 shares of SG Devco restricted stock valued at $1.075 million, or $2.15 per share. Under the terms of the agreement, Matthew Barstow, MWH CEO & President will become Senior Vice President of Innovation at SG Devco. The acquisition is a milestone in the company's short history and adds a new vertical to the SG DevCo portfolio. The addition of MWH diversifies SG DevCo's business interests and adds a new source of potential revenue.

Safe and Green Development Corporation Acquires XENE Real Estate AI Software

MIAMI, Fla, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SG Devco” or the “Company”) is pleased to announce that it has entered into an agreement to sell its St Mary's property to Pigmental Studios for $1.35 million. The St Mary's property consists of approximately 29 acres zoned for a manufacturing facility. After discussions with the City & Pigmental Studios, the Company decided to sell the property to accommodate Pigmental Studios' expansion in the area. The Company remains interested in the St Mary's region and will remain active via its investment in the Cumberland Inlet Project.

Safe and Green Development Corporation Executes Contract to Sell St Mary's Site for $1.35M

MIAMI, Fla, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SG Devco” or the “Company”) and Majestic World Holdings (“MWH”), a real estate technology firm and owner of the Xene AI Software platform (“XENE Platform”), are pleased to announce the roll out strategy for the Xene platform.

Safe and Green Development Corp Provides Xene AI Software Expansion Plans

MIAMI, Fla, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SG Devco” or the “Company”) is pleased to announce that it will strategically look to monetize its real estate holdings throughout 2024. The company has already initiated this strategy with the previously announced Contribution Agreement of Lago Vista wherein the property is valued at $11.5M as an equity interest in the development.

Safe and Green Development Corporation Announces Strategic Property Monetization Initiative throughout 2024

Safe and Green Development (NASDAQ: SGD ) stock is on the rise Friday after the real estate development company announced plans to acquire Majestic World Holdings. Safe and Green Development is looking to acquire Majestic World Holdings for its Xene Platform.

Why Is Safe and Green Development (SGD) Stock Up 50% Today?

XENE Platform MIAMI, Fla, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SG Devco” or the “Company”) is pleased to announce an update to the previously announced proposed investment in Majestic World Holdings (“MWH”), a real estate technology firm and owner of the Xene AI Software platform (“XENE Platform”). After conducting initial due diligence, the Company has negotiated a complete acquisition of Xene Platform along with its parent company MWH.

Safe and Green Development Corporation Announces Update on LOI for Acquisition of Xene Real Estate AI Software

MIAMI--(BUSINESS WIRE)--Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures for residential, commercial, and point-of-care medicine, today announced its SG Echo subsidiary has executed a Master Purchase Agreement (MPA) with Safe and Green Development Corporation (NASDAQ: SGD) (“SG DevCo”), the Company's real estate development subsidiary, which recently completed a spinout as a standal.

Safe & Green Holdings Corp. Announces Master Purchase Agreement With Safe and Green Development Corporation for Manufacturing Projects Initially Valued in Excess of $140 Million

MIAMI, Fla, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SG Devco” or the “Company”) is pleased to announce that the development activities are underway as MNO deposited the earnest money with the title company as per the terms of the contribution agreement and began conceptual design, construction pricing and market studies for the project.

Safe and Green Development Corporation Provides Update On Lago Vista Property with $11.5 Million Contribution Agreement

Company to contribute Lago Vista property in exchange for membership interest in the proposed joint venture valued at $11.5 million Company to contribute Lago Vista property in exchange for membership interest in the proposed joint venture valued at $11.5 million

Safe and Green Development Corporation Announces Entry into Contribution Agreement to Form a Joint Venture to Develop the Lago Vista Property

Safe and Green Development (NASDAQ: SGD ) stock is up more than 30% today on news that it recently signed a non-binding Letter of Intent (LOI) with Majestic World Holdings. The deal would allow Safe and Green to invest in MWH in exchange for access to Majestic World's XENE software platform, an artificial intelligence (AI) based decentralized real estate market.

Safe and Green Development (SGD) Stock Soars on AI Integration News

MIAMI, Fla. , Nov. 21, 2023 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SG Devco” or the “Company”), a leading real estate development company, has recently signed a non-binding Letter of Intent (LOI) with Majestic World Holdings (“MWH”) a real estate technology firm relating to a proposed strategic partnership between SG Devco and MWH, wherein SG Devco will invest in MWH in exchange for access to MWH's software platform Xene.

Safe and Green Development Corporation Unveils Letter of Intent for Integration of Real Estate AI Software

One of this week's most impressive movers has to be Safe and Green Development (NASDAQ: SGD ). Shares of SGD stock have rocketed another 40% higher today, continuing an absolutely incredible move over the past two days.

Is Safe and Green Development (SGD) Stock the Next Big Meme Stock?

Shares of Safe & Green Development Corp. SGD, +142.85% blasted 158% higher in active morning trading Friday, and have skyrocketed 16-fold in two days. The stock has been halted for volatility once since the open, with volume swelling to 12.6 million shares to put it in the top 10 of most actively stocks on major U.S. exchanges.

Safe & Green Development's stock has rocketed 16-fold in 2 days after withdrawal of share offering

Safe & Green Development (NASDAQ: SGD ) stock is rocketing higher on Friday despite a lack of news from the real estate development company this morning. There are no new press releases or filings with the Securities and Exchange Commission that are acting as a catalyst for SGD stock today.

Why Is Safe & Green Development (SGD) Stock Up 140% Today?

MIAMI, Fla., Oct. 09, 2023 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD)(“SG DevCo” or the “Company”), a leading real estate development company recently spun off from Safe & Green Holdings Corp. (NASDAQ: SGBX) (“SG Holdings”), announced today that Company CFO Nicolai Brune has been invited to present at the conference on Exploring All Corners of the Tech Sector, presented by Maxim Group LLC, on Tuesday, October 10th, & Wednesday, October 11th, 2023, at 8:30 a.m. E.T.

Safe and Green Development Corporation to Participate in the Virtual Tech Conference Series: Exploring All Corners of the Tech Sector, Presented by Maxim Group LLC on Tuesday, October 10th & Wednesday, October 11th at 8:30 A.M. E.T.

Approval paves the way to begin development of the site Plans to construct 125,000 square-foot facility consisting of a mix of 68 single and double occupancy residences for elderly and assisted living residents MIAMI, Fla., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD)(“SG DevCo” or the “Company”), a leading real estate development company recently spun off from Safe & Green Holdings Corp. (NASDAQ: SGBX) (“SG Holdings”), in partnership with CMC Development Group (“CMC”) and architecture and engineering firm CSHQA, , has received approval from the city of Eastpoint to purchase the project's Right Of Way (“ROW”) approval to begin developing a six-acre site on Norman Berry Drive in Atlanta, Georgia (“Norman Berry Village”).

Safe and Green Development Corporation Receives Approval to Purchase Right of Way Approval at Norman Berry Village Project in Atlanta, Georgia

MIAMI, Fla. , Oct. 04, 2023 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD)(“SG DevCo” or the “Company”), a leading real estate development company, recently spun off from Safe & Green Holdings Corp. (NASDAQ: SGBX) (“SG Holdings”), a leading developer, designer, and fabricator of modular structures for residential, commercial, and point-of-care medicine, today announced that David Villarreal, President & CEO of SG DevCo, as well as the management of both SG DevCo and SG Holdings, will be ringing the Nasdaq closing bell in Times Square, New York City, to celebrate the Company's recent spin-off and subsequent listing on Nasdaq.

News for Safe & Green Development Corp/FL Stock (SGD)