Safe and Green Development Corporation Secures Strategic Investment of up to $10 Million from Arena Investors
ARENArena (AREN) Prnewswire·2024-08-14 21:00

MIAMI, Aug. 14, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company"), announces the successful closing of a strategic purchase agreement for funding of up to 10millionfromArenaInvestors,LP("Arena")anditsaffiliates.Arena, aglobal institutionalassetmanagerwithapproximately10 million from Arena Investors, LP ("Arena") and its affiliates.Arena, a global institutional asset manager with approximately 3.5 billion of assets under management, is known for its expertise in providing creative capital solutions.Maxim Group LLC was sole placement agent in connection with the of ...