Safe & Green (SGBX) Announces 1:20 Reverse Share Split

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Safe & Green Holdings Corp Announces Reverse Split of the Company’s Common Stock

April 30, 2024 9:28 AM EDT

Miami FL, April 30, 2024 (GLOBE NEWSWIRE) -- 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 a planned reverse stock split of its shares of common stock at a ratio of 1-for-20. The reverse stock split will take effect as of 12:01 a.m. ET, on Thursday, May 2, 2024, and shares of Safe and Green Holdings will trade on a post-split basis on Nasdaq under the existing trading symbol, SGBX, at the market open on May 2,... More