Safe & Green HoldingsSGBX
SGBX
About: Safe & Green Holdings Corp is a modular solutions company. The company currently provides modules made out of both code-engineered cargo shipping containers and wood for use as both permanent or temporary structures for residential housing use and commercial use, including for health care facilities. It operates in four segments: construction services; medical; real estate development; and environmental. The company generates the majority of its revenue from the Construction segment includes the company's manufacturing unit SG ECHO and other modules projects.
Employees: 15
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
9.04% less ownership
Funds ownership: 15.65% [Q2] → 6.61% (-9.04%) [Q3]
13% less funds holding
Funds holding: 8 [Q2] → 7 (-1) [Q3]
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
79% less capital invested
Capital invested by funds: $606K [Q2] → $128K (-$478K) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for SGBX.
Financial journalist opinion
Neutral
GlobeNewsWire
2 weeks ago
Safe & Green Holdings Corp. Secures Two New Contracts for Modular Construction Projects
MIAMI, FL, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, today announced the signing of two significant contracts, further demonstrating the Company's ability to deliver innovative and efficient solutions across diverse applications. The first contract involves the design, fabrication, and delivery of two modular containers totaling 640 square feet, equipped with a fully functional kitchen.
Neutral
GlobeNewsWire
3 weeks ago
Safe & Green Holdings Corp. Provides Third Quarter 2024 Business Update
MIAMI, FL, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, today provided a third quarter business update, highlighting recent operational achievements and strengthened financial positioning.
Neutral
Accesswire
1 month ago
Aegis Capital Corp. Acted as Exclusive Placement Agent on a ~$2.4 Million Warrant Inducement for Safe & Green Holdings Corp. (NASDAQ: SGBX)
NEW YORK, NY / ACCESSWIRE / November 8, 2024 / Aegis Capital Corp. acted as Exclusive Placement Agent on a ~$2.4 Million Warrant Inducement for Safe & Green Holdings Corp. (NASDAQ:SGBX). About for Safe & Green Holdings Corp. Safe & Green Holdings Corp. designs and modifies code-engineered cargo shipping containers and purpose-built modules for commercial, industrial, and residential building construction in the United States.
Neutral
GlobeNewsWire
1 month ago
Safe & Green Holdings Corp. Announces Entry into Warrant Inducement Transaction for $2.4 Million in Gross Proceeds
MIAMI, FL, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, announced today that it has entered into an agreement with a single investor that is an existing holder of warrants to purchase shares of common stock of the Company for cash (the “Existing Warrants”), wherein the investor agreed to exercise the Existing Warrants to purchase up 2,758,620 shares of common stock at a reduced exercise price of $0.8718 per share, resulting in gross proceeds of approximately $2.4 million, before deducting offering fees and other expenses payable by the Company.
Neutral
GlobeNewsWire
1 month ago
Safe & Green Holdings Corp. Announces Successful Completion of Two Major Projects for U.S. Government Contractor
Rapid Turnaround and American-Made Quality: SG Echo Completes 45 Military Container Office Units Resulting in Significant Time & Material Savings Rapid Turnaround and American-Made Quality: SG Echo Completes 45 Military Container Office Units Resulting in Significant Time & Material Savings
Neutral
GlobeNewsWire
2 months ago
Safe & Green Holdings Announces Safe and Green Development Corporation Inks Preliminary Purchase Commitment up to $2.8 million for South Texas Project
MIAMI, FL, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, is pleased to announce that the Company's subsidiary Safe and Green Development Corporation (“SG Devco”) has accepted a preliminary binding purchase commitment from Trio, as Program Administrator for Choctaw American Insurance, Inc. ("Choctaw"), for its development project in South Texas.
Neutral
GlobeNewsWire
2 months ago
Safe & Green Holdings Closes Refinancing of Waldron Facility in Durant, OK
Refinance of property with new $4 million loan will support and accelerate ongoing growth initiatives Refinance of property with new $4 million loan will support and accelerate ongoing growth initiatives
Neutral
GlobeNewsWire
4 months ago
Safe & Green Holdings Reports Second Quarter 2024 Results and Provides a Business Update
Gross profit increases over four-fold; operating expenses reduced 48% Reports record sales pipeline in excess of $25 million On track to achieve positive cash flow before year-end MIAMI, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, reported results for the three months ended June 30, 2024. Key Highlights: Record sales pipeline in excess of $25 million and positive outlook for H2 2024 Gross profit margin in Q2 2024 increased to 12.7% compared to 0.7% for Q2 2023 Operating expenses declined by $2.7 million in Q2 2024 versus the same period last year Company reaffirms guidance it is on track to achieve positive cash flow before year-end Received a term sheet from a premier lender to refinance the Waldron facility on favorable terms; expected to provide non-dilutive working capital Expected receipt of Employee Retention Tax Credit (ERTC) payment within the next year, which would provide $1.4 million of non-dilutive working capital Promoted David Cross to Executive Vice President of SG Echo, LLC Completed 2024 annual audit by International Code Council (ICC) Evaluation Service and granted recertification of ESR for certification and use of shipping containers in modular construction Expanded agreement to manufacture seven additional container-based electrical distribution centers as part of a multi-unit order for a client serving the big box retailer market Granted an expanded contract, valued in excess of $1 million, to construct an additional 11 container modules and related services for a government contractor to be used by a major U.S. government agency Paul Galvin, Chairperson and Chief Executive Officer of Safe & Green Holdings commented, “We continue to execute our business strategy with a focus on profitable revenue growth and operational efficiency.
Neutral
GlobeNewsWire
4 months ago
Correction: Safe & Green Holdings Corp. Announces Promotion of David Cross to Executive Vice President
David Cross, Executive Vice President, SG Echo MIAMI, FL, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular as well as container based structures, today announced the promotion of David Cross to Executive Vice President of SG Echo, LLC David Cross, a graduate of the Maine Maritime Academy, served as a Deck Officer, predominantly working with Maersk Line Limited. His career led him to managerial roles in intermodal/equipment container control, spanning the United States and China, with the Maersk and COSCO Lines.
Neutral
GlobeNewsWire
4 months ago
Safe & Green Holdings Corp. Announces Promotion of David Cross to Executive Vice President
David Cross, Executive Vice President, SG Echo MIAMI, FL, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular as well as container based structures, today announced the promotion of David Cross to Executive Vice President of SG Echo, LLC. David Cross, a graduate of the Maine Maritime Academy, served as a Deck Officer, predominantly working with Maersk Line Limited.
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