MIAMI, Oct. 8, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company"), a leading real estate development firm focused on eco-friendly and sustainable projects, is pleased to announce that it has successfully secured financing terms for the vertical construction of a model home in South Texas. The model home will provide potential buyers and partners with a tangible example of the Company's design and construction capabilities, helping to streamline the decisi ...

MIAMI, Oct. 4, 2024 /PRNewswire/ -- Safe and Green Development Corporation "SG DevCo" (NASDAQ: SGD), a leading real estate and technology development company, today announced that it will effect a 1-for-20 reverse stock split ("reverse split") of its common stock, par value $0.001 per share ("Common Stock"), that will become effective at 12:01 a.m. Eastern Time on October 8, 2024. The Company's Common Stock will continue to trade on the Nasdaq Capital Market ("Nasdaq") under the symbol "SGD" and will begin ...

Toronto, Ontario--(Newsfile Corp. - September 23, 2024) - Scott Berdahl, Chief Executive Officer and Director, Snowline Gold Corp. (TSXV: SGD) ("Snowline" or the "Company"), and his team joined Richard Goodman, Managing Director, Capital Development, Toronto Stock Exchange, to celebrate the Company's new listing on the TSX Venture Exchange and close the market. Cannot view this video? Visit: https://www.youtube.com/watch?v=I0N_7YLGuHI Snowline Gold Corp. is a Yukon Territory focused gold exploration company ...

MIAMI, Aug. 15, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG DevCo" or the "Company") announces the expansion of its joint venture project in Edinburg, Texas, after entering into an agreement to acquire 22 additional single-family lots. These lots are an addition to the previously announced acquisition of 5 lots in the same subdivision. This strategic move marks a significant step towards the Company's goal of capitalizing on the rapid growth in and around the Rio Grande Va ...

房地产开发业务 - 公司主要从事房地产开发业务，目前已完成三处房地产项目的收购和权证获取，但尚未开始任何开发活动[236] - 公司计划通过出售证券和未来融资来开发自有房地产项目，但开发能力取决于公司筹集资金的能力[237] - 公司以1.7亿美元收购了MWH公司，MWH拥有一个基于AI技术的房地产交易平台[273][274] - 公司以5.86百万美元的价格出售了位于德克萨斯州Lago Vista的60英亩滨水地产[272] - 公司于2024年6月30日的项目开发成本为已资本化的各项目开发成本[354] - 公司于2023年出售了Lago Vista项目，其账面价值为4,400,361美元[355] 债务融资 - 公司在2023年11月与Peak One Opportunity Fund签订协议，发行总额120万美元的可转换债券[241][242][243][244][245] - 公司发行了总额为1,200,000美元的三笔2024年可转换债券[251] - 公司有权以110%的赎回价格赎回2024年可转换债券[254] - 公司如果从任何渠道累计收到超过1,500,000美元的现金,需要在2个工作日内通知债券持有人,债券持有人有权要求公司立即偿还50%的所得款项[254] - 公司的子公司LV Peninsula Holding LLC延长了5,000,000美元贷款的到期日至2025年4月1日,并增加了利率至17%,同时新增了1,000,000美元的次级贷款[269,270] - 公司发行了总计10,277,777美元的担保可转换债券给Arena Investors[290] - 第一批发行的1,388,888.75美元债券以90%的价格出售给Arena Investors[291] - 第一批债券到期期限为18个月，转股价格为0.279美元或最近10个交易日最低VWAP的92.5%[292] - 公司可以以115%的赎回价赎回第一批债券[293] - 第一批债券包含违约条款，一旦违约利率上升至2%[294] - 第一批债券附带认股权证，可以以0.279美元的行权价认购最多1,299,242股[295] - 公司承诺在30天内向SEC提交注册申请，以注册第一批债券和认股权证所对应的可转股股票[296] - 公司与Arena Investors签订了担保协议，将所有资产作为担保以确保及时偿还Arena债券[307] - 公司发行了本金为2,000,000美元的短期房地产抵押贷款票据,并于2022年9月发行了本金为500,000美元的第二笔短期贷款票据,用于Lago Vista项目[332] - 公司通过LV Holding发行了本金为5,000,000美元的贷款票据,用于Lago Vista和Durant项目,并于2024年4月将到期日延长至2025年4月1日[333,334] - 公司收购St. Mary's地块时发行了本金为148,300美元的有担保贷款票据,并于2024年3月将贷款金额增加至200,000美元[335] - 公司与Peak One签订私募协议,发行了本金总额为1,200,000美元的8%可转换债券[336,337] - 公司与Bryan Leighton Revocable Trust签订信用协议,获得最高250,000美元的循环信用额度,截至2024年6月30日已提取250,000美元[339] 股权融资 - 公司已经发行了986,000股普通股,获得约758,660美元的总收益[262,263] - 公司以500,000股普通股收购了MyVONIA AI助手技术[275][276] - 公司与Milk & Honey LLC成立了一家合资公司Sugar Phase I LLC，公司持有60%股权[283][284][285][286][287][288][289] - 公司与Peak One签订股权融资协议,可向其发行最高1,000万美元的股票,目前已发行约758,000美元[338] - 假设所有债券转股,公司可能需要发行23,291.2万股股票[305] - 公司将向Arena Global发行承诺费股份,分两批发行共750,000股[312,313] 内部控制和财务报告 - 公司的披露控制和程序在2024年6月30日存在重大缺陷[360] - 公司将采取措施来补救这些内部控制的重大缺陷[363] - 尽管存在重大缺陷,但公司认为财务报表在所有重大方面公允列报[365] - 公司管理层承认内部控制存在固有局限性,无法完全防范错误和舞弊[366] - 公司面临诉讼和或有负债,相关信息已在财务报表附注中披露[368] 持续经营能力 - 公司目前主要依靠债务融资和股权融资维持运营,存在持续经营能力的不确定性[329] - 公司应收SG控股的1,720.8万美元款项已全额计提坏账准备[330] 业务发展 - 公司在2024年第一季度收购了Majestic World Holdings LLC的多数股权,该公司拥有一个AI软件平台[238] - 公司2024年第二季度实现销售4,216.2万美元,同比增长[319] - 公司2024年上半年销售9,197.8万美元,同比增长[324] - 公司2024年上半年净亏损5,036.4万美元,主要由于股份支付和利息费用增加[323,327] - 公司与BCV S&G DevCorp签订贷款协议,获得最高2,000,000美元的有担保贷款,目前已收到1,750,000美元[331] 上市合规 - 公司收到纳斯达克发出的不符合最低股东权益要求的通知,并提交了合规计划[278] - 公司收到纳斯达克发出的不符合最低股票收盘价要求的通知,公司正在采取措施以保持纳斯达克上市[279][280][281][282] - 公司选择利用JOBS法案的过渡期豁免适用新的或修订的会计准则[356] - 公司将在满足特定条件后不再被视为新兴成长公司[357]

MIAMI, July 25, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company") announces that it entered into a joint venture for the purpose of developing and constructing single-family homes.  Through the joint venture, SG Devco has secured 5 lots for the initial phase of the development, with plans to expand to a total of 24 lots.CEO David Villarreal expressed his enthusiasm for the project, stating, "We are thrilled to expand our portfolio with this single-family ...

MIAMI, July 22, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company") is thrilled to announce their participation in the $400M Pigmental Studios Development project set in St Mary's, coastal Georgia. While the property is currently in the process of closing, SG Devco is committed to collaborating closely with Pigmental Studios to ensure the success of this groundbreaking endeavor.The Pigmental Studios Development project is intended to impact the entertainme ...

MIAMI, June 24, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company") announced today that Company CFO Nicolai Brune has been invited to present at the 2024 Maxim Fintech Virtual Symposium, presented by Maxim Group LLC, on Tuesday, June 25th, at 11:00 A.M. E.T.     SGDevco will be taking part in the 2024 Maxim Fintech Virtual Symposium. The virtual event will focus on the evolving Fintech industry, featuring survivors and emerging companies in specialty fina ...

MIAMI, June 14, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company") is pleased to announce a strategic agreement with Trio Residential LLC ("Trio") (https://www.thinktrio.com/) . This collaboration adds Trio's innovative home financing solutions into SGD's Xene Home AI Platform ("Xene") (https://xenehome.com/), with the goal of making homebuying more achievable for more customers.By adding Trio's, lease-to-own and seller financing programs into SGD's Xene, ...

MIAMI, June 11, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company") is excited to announce the full integration of MyVonia™, its recently acquired advanced artificial intelligence (AI) assistant, into the Xene platform. This strategic move marks a significant milestone in SG Devco's ongoing commitment to technological innovation and enhanced user experience in the real estate industry.Safe and Green Development Corporation Integrates MyVonia into the Xene ...