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Safe & Green Holdings Contract with Government Contractor Increased by Approximately $1 Million to Construct 11 Additional Military Office Containers
Safe & Green Holdings' Subsidiary, SG Echo, to Deliver First Eco-Friendly Modular Unit to Prominent Quick-Service Restaurant Customer in the Pacific Northwest
After yesterday’s reverse
Excellent timing
Safe and Green Holdings Announces Collaboration and Sales of Modular Units to Britten Inc.
SGBX: Wake up and smell the PROFITS, Homeboy!!! (But then, you have me on iHub's official IGNORE function, right???)
https://finance.yahoo.com/news/safe-green-holdings-announces-entered-130000699.html#:~:text=(NASDAQ%3A%20SGBX)%20(%E2%80%9C,unit%20order%20for%20a%20client
"WRONG, Invest Dude!!! He's got you on his own personal COGNITIVE IGNORE function, silly boy!!"
SGBX: Flying!! (Don't fall asleep at the wheel!!)
DUMP AND MOVE ON !! THE RUN IS OVER SENIOR
TAKE YOUR MONEY AND RUN !!
Comfort Home Showcased at Grand Opening Event in Houston, Texas on November 9th
Home Assembled in Real-time in Fox News Plaza in New York City on November 9th and Showcased Live on 'Fox and Friends’ on November 10th and 11th
Tunnel to Towers Aims to Eradicate Homelessness by Providing Housing and Services to Homeless Veterans Across America
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, announces the debut of the Comfort Home Show model, a traveling modular home the Company is constructing for the Tunnel to Towers Foundation. This model home aims to highlight the foundation's Homeless Veteran Program and was revealed during events in both New York City and Houston, Texas.
May here more on Safe & Green Holdings tonight.
The awards show is scheduled for 7 p.m. on Thursday, Nov. 16 at the Grand Ole Opry House, 600 Opry Mills Dr in Nashville. This will be its first time in Nashville, organizers said. “I'm proud that it's local,” Hegseth said, noting his move to Sumner County about a year ago.13 hours ago
https://www.tennessean.com › local
Fox Nation Patriot Awards in Nashville: What to expect, who's hosting - The Tennessean
WOW OVER A BUCK
TRIPLE NICKLES
Yep, still on radar here... GLTU
Or maybe not. Lil painful atm
It will most like push eod. Monday Tuesday where it gets interesting
Loved that volume lets see continuation here of it
Let's go! She moves easily
SGBX on radar for early pump/pop
She might blow up tomorrow
Liking this one if it closes above 2.10
More Spin Off News
https://www.marketwatch.com/press-release/safe-green-holdings-corp-provides-detail-on-expected-distribution-ratio-for-spin-off-226b2dee?mod=mw_quote_news_seemore
Press Release
Safe & Green Holdings Corp. Provides Detail on Expected Distribution Ratio for Spin-off
Published: Sept. 1, 2023 at 8:30 a.m. ET
Expected Distribution Ratio of 0.93 for every 5 Shares of SG Holdings
MIAMI--(BUSINESS WIRE)--September 01, 2023--
Safe & Green Holdings Corp. (NASDAQ: SGBX) ("SG Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures for residential, commercial, and point-of-care medicine, today provided an update on the planned spin-off of Safe & Green Development Corp ("SG DevCo"), the Company's real estate development subsidiary, to become a standalone company listed on Nasdaq.
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This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230901982508/en/
(Graphic: Business Wire)
Stockholders who hold or purchase SG Holdings common stock by the close of the market on the newly set record date of September 8(th) , 2023, will be eligible to receive a distribution of approximately 0.93 shares of SG DevCo for every 5 shares of SG Holdings held (the" Distribution"). An example of this would be as follows:
For every 1,000 shares of SG Holdings, a stockholder can expect to receive approximately 186 shares of SG DevCo.
Recent Highlights:
-- Planned SG DevCo spin-off receives SEC approval with a record date of
8/21/2023 on NASDAQ
-- Closed first tranche of a bridge loan with a European-based entity for
gross proceeds of approximately $1.45 million; funding commitment
provides for up to $2 million in gross proceeds
-- SG Echo to deliver and install three additional Domino's Quick Serve
Restaurant (QSR) units in Oregon on behalf of Noble Food Group, a
franchisee for Domino's
-- SG Echo awarded a multi-million-dollar contract to supply additional
modular units to a long-standing private infrastructure solutions client
-- Planned McLean Manufacturing facility now in the design phase of the
project
-- Magnolia Residential 800-unit project has progressed to the
architectural and engineering design phase
-- Secured a new purchase order, in excess of $2 million, from a long-time,
private customer within the U.S. military and federal space
-- Purchased the Waldron facility with non-dilutive funding
-- Reduced operational cash burn by $2M over 6 months
"In the second quarter of 2023, the Company achieved a 21% year-over-year increase in manufacturing revenue, building on the momentum that we experienced over the past several quarters," commented Paul Galvin, Chairman and CEO of Safe & Green Holdings. "While numerous other companies in our sector are encountering difficulties, often downsizing or even folding entirely, our situation stands in stark contrast as we execute on our business strategy as a vertically integrated developer and manufacturer of modular structures. Notably, we not only survived, but thrived during and after the pandemic, as illustrated by both the growth in our asset base and personnel. Meanwhile, we invested heavily in our business and are now focused on four distinct verticals, each offering opportunities for revenue growth, business expansion, and enhancement of shareholder value."
Free Shares & Spinoff News
https://www.marketwatch.com/investing/stock/sgbx
NEWS! 2+Million Dollars Military Contract
Nice!
https://www.marketwatch.com/press-release/safe-green-holdings-corp-announces-new-sg-echo-contract-in-u-s-military-arena-a1a65083?mod=mw_quote_news_seemore
Lago Vista LOI for $12+ Million Sale
https://www.marketwatch.com/press-release/safe-green-holdings-corp-announces-letter-of-intent-to-sell-lago-vista-site-for-125-million-2023-06-15?mod=mw_quote_news_seemore
Million
Published: June 15, 2023 at 8:30 a.m. ET
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The MarketWatch News Department was not involved in the creation of this content.
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 that it has entered into a letter of intent (“LOI”) to sell its Lago Vista site for $12.5 million. The Company initially acquired the property in 2021 for $3.5 million.
“We are pleased to have executed this LOI for the sale of our Lago Vista site,” said Paul Galvin, Chairman and CEO of Safe & Green Holdings. “The planned sale of this property illustrates our ability to maximize and monetize assets, and should significantly enhance our balance sheet. In turn, this infusion of non-dilutive capital should allow us to capitalize on new and exciting projects underway, which we believe will help accelerate growth and drive profitability. We believe that this is an excellent outcome for both the Company and our shareholders.”
THATS HOW FAST A YEAR HAS GONE BY
Interesting Seeking Alpha article
https://seekingalpha.com/article/4570867-safe-and-green-holdings-fka-sg-blocks-shares-significantly-undervalued-initiate-buy-long-term
Safe & Green Holdings (Fka SG Blocks): Shares Significantly Undervalued, Initiate With Buy-Long-Term
Jan. 19, 2023 7:48 AM ETSafe & Green Holdings Corp. (SGBX)1 Comment
Summary
SBGX provides a viable alternative to traditional construction that is not only greener and quicker but less expensive and longer lasting.
The company is expanding its operations in order to vertically integrate and expand margins.
Our assessed value of SGBX’s real estate portfolio is estimated at $53.6 million, more than 2.5x their current market capitalization of $19.6 million.
We initiate with a Buy-Long-Term rating and a $6.50 price target.
gm, do you have the earningscall transsript complete? on STW they have a link to the Seeking Alpha transcript, which is not complete and one has to pay SA to read it in full. Would be great if you could post the complete text here from the call yesterday. great company with a great future imo :) thanks
$11.5 Million Dollars Contract Announced
https://www.marketwatch.com/investing/stock/sgbx
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MarketWatch Live: U.S. stock-market futures point to upbeat Monday start
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Press Release
SG ECHO Announces an Expected $11.5 Million Expansion With Its Largest Client
Published: Nov. 7, 2022 at 8:30 a.m. ET
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The Company has received the first of a series of anticipated purchase orders which will expand upon its largest private client to date.
The MarketWatch News Department was not involved in the creation of this content.
JACKSONVILLE, Fla., (BUSINESS WIRE) -- SG Blocks, Inc. (NASDAQ: SGBX) (“SG Blocks” or the “Company”), a leading developer, designer, and fabricator of modular structures, announced today that SG ECHO, a subsidiary of SG Blocks, has expanded upon its relationship with a private client, providing one of the largest contracts to date for SG ECHO. The Company is a one-stop provider of various infrastructure solutions.
SG Blocks previously announced in April of 2022 a purchase order for more than 100 units with the client which in turn would generate approximately $6 million dollars in revenue.
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