Safe & Green Holdings Adjourns 2025 Annual Meeting Due to Lack of Quorum; Sets Virtual Reconvening for Jan. 14

Safe & Green Holdings (NASDAQ: SGBX) adjourned its 2025 Annual Meeting held Dec. 29, 2025, because a quorum of outstanding shares was not present or represented by proxy, and no business was conducted.

Rhea-AI Summary

Safe & Green Holdings (NASDAQ: SGBX) adjourned its 2025 Annual Meeting held Dec. 29, 2025, because a quorum of outstanding shares was not present or represented by proxy, and no business was conducted.

The meeting will reconvene virtually on Jan. 14, 2026 at 1:00 p.m. ET. The record date remains Nov. 21, 2025. The company will continue proxy solicitation and said previously submitted proxies will be voted at the reconvened meeting unless revoked. No changes were made to the proposals or proxy materials, which remain available on the SEC website.

Argus Dec 30 session

-1.90% close to close Open Argus

Details

News Market Reaction – SGBX

On Dec 30, the day this news came out, SGBX closed 1.90% below the previous close.

Data tracked by StockTitan Argus for the Dec 30 session.

Market Context

This announcement details a procedural adjournment of the 2025 Annual Meeting due to lack of quorum,...

Analysis

This announcement details a procedural adjournment of the 2025 Annual Meeting due to lack of quorum, with a virtual reconvening set for Jan. 14, 2026 and the Nov. 21, 2025 record date unchanged. In context, investors may monitor how votes on proxy proposals interact with earlier filings that disclosed continued losses, negative working capital of $19.64 million, going-concern warnings and multiple financing arrangements.

Key Figures

Original meeting date: Dec. 29, 2025 at 1:30 p.m. ET Reconvened meeting date: Jan. 14, 2026 at 1:00 p.m. ET Record date: Nov. 21, 2025 +4 more

Original meeting date

Dec. 29, 2025 at 1:30 p.m. ET

2025 Annual Meeting initially convened

Reconvened meeting date

Jan. 14, 2026 at 1:00 p.m. ET

Virtual reconvening of 2025 Annual Meeting

Record date

Nov. 21, 2025

Determines stockholders entitled to vote

Q3 2025 revenue

$1.05 million

Quarterly revenue, down year over year

Q3 2025 net loss

$5.32 million

Quarterly net loss

Cash balance

$3.02 million

Cash as of Q3 2025 filing

Negative working capital

$19.64 million

Working capital position disclosed in Q3 2025

Historical Context

5 past events · Latest: Dec 19

5 events

1. Dec 19

   Strategic acquisition

   24h Move

   -0.8%

   Closed Giant Containers deal adding new customers and container capabilities.

2. Nov 24

   Operational update

   24h Move

   -18.0%

   Olenox gained DOT number and outlined plans for service revenue growth.

3. Nov 20

   Strategy shift

   24h Move

   -37.1%

   Announced exit from modular homes and focus on containerized energy systems.

4. Oct 28

   Governance/merger

   24h Move

   +3.3%

   Set record date and annual meeting with merger and drilling program proposals.

5. Oct 22

   Technology partnership

   24h Move

   -3.8%

   Announced collaboration with OneQode to enhance data and reliability.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

quorum, proxy solicitation, definitive proxy statement, record date, +1 more

5 terms

quorum regulatory

"was adjourned after a quorum of outstanding shares was not present"

A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.

proxy solicitation financial

"During the adjournment period, Safe & Green will continue to solicit proxies"

Proxy solicitation is the process of asking shareholders for permission to vote their shares on corporate matters, usually by sending voting forms or requests by mail, email or phone. Investors should watch proxy solicitations because they signal attempts to change control, influence board elections or approve big deals — like neighbors organizing votes on a shared building project — and the outcome can materially affect a company’s strategy and stock value.

definitive proxy statement regulatory

"proposals described in the Company’s definitive proxy statement filed"

A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.

record date regulatory

"The record date for determining stockholders entitled to vote remains Nov. 21, 2025."

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

proxies regulatory

"Proxies previously submitted will be voted at the reconvened meeting"

Proxies are the voting materials and authorizations shareholders use to cast votes on corporate decisions when they cannot attend a meeting in person; they include summaries of proposals, board nominations, executive pay plans, and instructions for how to vote or appoint someone else to vote on their behalf. Investors care because proxy votes decide who runs a company and what policies it will follow—much like an absentee ballot or power of attorney for a meeting—so outcomes can affect strategy, risk and the value of shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Company to Continue Proxy Solicitation; No Changes to Proposals or Record Date

CONROE, Texas, Dec. 30, 2025 (GLOBE NEWSWIRE) -- via IBN -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green” or the “Company”) today announced that its 2025 Annual Meeting of Stockholders, originally convened on Dec. 29, 2025, at 1:30 p.m. Eastern Time, was adjourned after a quorum of outstanding shares was not present or represented by proxy. As a result, no business was conducted at the meeting.

The Company will reconvene the Annual Meeting virtually on Jan. 14, 2026, at 1:00 p.m. Eastern Time, at which time stockholders will vote on the proposals described in the Company’s definitive proxy statement filed with the U.S. Securities and Exchange Commission on Dec. 19, 2025. The record date for determining stockholders entitled to vote remains Nov. 21, 2025.

During the adjournment period, Safe & Green will continue to solicit proxies in connection with the proposals outlined in the proxy statement. Proxies previously submitted will be voted at the reconvened meeting unless properly revoked.

The Company confirmed that no changes have been made to the proposals to be voted on or to any previously filed proxy materials, all of which remain available free of charge on the SEC’s website at www.sec.gov.

About Safe & Green Holdings Corp.

Safe & Green Holdings Corp., a leading modular solutions company, operates under core capabilities which include the development, design, and fabrication of modular structures, meeting the demand for safe and green solutions across various industries. The firm supports third-party and in-house developers, architects, builders, and owners in achieving faster execution, greener construction, and buildings of higher value.

Investors:
investors@safeandgreenholdings.com

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Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
Editor@InvestorBrandNetwork.com

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FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why was the Safe & Green (SGBX) 2025 Annual Meeting adjourned on Dec. 29, 2025?

The meeting was adjourned because a quorum of outstanding shares was not present or represented by proxy, so no business was conducted.

When will Safe & Green (SGBX) reconvene its adjourned 2025 Annual Meeting?

The company will reconvene the Annual Meeting virtually on Jan. 14, 2026 at 1:00 p.m. ET.

Will previously submitted proxies for Safe & Green (SGBX) still be counted at the reconvened meeting?

Yes. Proxies previously submitted will be voted at the reconvened meeting unless they are properly revoked before the vote.

Has Safe & Green (SGBX) changed the proposals or the record date after the adjournment?

No. The company confirmed no changes to the proposals or the record date, which remains Nov. 21, 2025.

Where can investors find Safe & Green (SGBX) proxy materials and proposal details before the Jan. 14, 2026 meeting?

All definitive proxy materials and proposals are available free of charge on the SEC website at www.sec.gov.