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Safe & Green Holdings Corp - SGBX STOCK NEWS

Welcome to our dedicated news page for Safe & Green Holdings (Ticker: SGBX), a resource for investors and traders seeking the latest updates and insights on Safe & Green Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Safe & Green Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Safe & Green Holdings's position in the market.

Rhea-AI Summary
Safe & Green Holdings Corp. (SGBX) secures a contract to refurbish 19 container modules for a major U.S. government agency, valued at over $300,000, showcasing the company's expertise in modular construction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.17%
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none
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Rhea-AI Summary
Safe & Green Holdings Corp. and Soldier On, Inc. have entered into a non-binding Letter of Intent to build an 800-unit supportive housing community for veterans and disabled individuals, along with an 80,000-square-foot ADA-compliant manufacturing facility in McClean, Oklahoma. The project aims to provide employment opportunities for wounded vets and address the housing needs of homeless veterans and first responders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.86%
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none
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Rhea-AI Summary
Safe and Green Development Corporation (SGD) has completed the acquisition of Majestic World Holdings, a real estate technology firm, and owner of the Xene AI Software platform. The acquisition includes a cash payment of $500 thousand and 500,000 shares of SG Devco restricted stock valued at $1.075 million. Matthew Barstow, MWH CEO & President, will become Senior Vice President of Innovation at SG Devco. The acquisition diversifies SG DevCo’s business interests and adds a new source of potential revenue. The XENE Platform, powered by advanced AI technology, aims to create a decentralized real estate marketplace, streamlining property transactions and offering a cost-effective alternative to traditional buyers' agent models. The platform is expected to launch in the first quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.91%
Tags
acquisition AI
Rhea-AI Summary
Safe and Green Development Corporation (SGD) has completed the acquisition of Majestic World Holdings, a real estate technology firm, and owner of the Xene AI Software platform. The acquisition includes a cash payment of $500 thousand and 500,000 shares of SG Devco restricted stock valued at $1.075 million. Matthew Barstow, MWH CEO & President, will become Senior Vice President of Innovation at SG Devco. The acquisition diversifies SG DevCo’s business interests and adds a new source of potential revenue. The XENE Platform, powered by advanced AI technology, aims to create a decentralized real estate marketplace, streamlining property transactions and offering a cost-effective alternative to traditional buyers' agent models. The platform is expected to launch in the first quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
Tags
acquisition AI
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Rhea-AI Summary
Safe & Green Holdings Corp. (SGBX) has entered into a design-build contract with Hostel Cubed to produce their first modular camping cube for the California Coast, the 'Coastal Camping Cube.' The project aims to increase capacity at RV Parks and campgrounds using eco-friendly materials and energy-efficient design. The company also provided an update on a $11.3 million purchase order currently on hold, allowing them to focus on other ongoing projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.06%
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none
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Rhea-AI Summary
Safe and Green Development Corporation (SGD) has entered into an agreement to sell its St Mary's property to Pigmental Studios for $1.35 million. The pending sale is a result of the Company's plan to strategically monetize its real estate holdings by identifying markets where its land may have increased in value. The transaction is expected to close on or before March 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.79%
Tags
none
Rhea-AI Summary
Safe and Green Development Corporation (SGD) has entered into an agreement to sell its St Mary's property to Pigmental Studios for $1.35 million. The pending sale is a result of the Company's plan to strategically monetize its real estate holdings by identifying markets where its land may have increased in value. The transaction is expected to close on or before March 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
Tags
none
-
Rhea-AI Summary
Safe and Green Development Corporation (SGD) collaborates with Majestic World Holdings to roll out the Xene AI Software platform, aiming to revolutionize the real estate sector. The platform, powered by advanced AI technology, is designed to create a decentralized and interconnected ecosystem, streamlining property transactions and offering a cost-effective alternative to traditional buyers' agent models. The beta launch was a success, attracting nearly 300 licensed real estate agent members in under eight hours. Post-launch, a waiting list of nearly 500 licensed real estate agents and over 100 active real estate investors was garnered, positioning 2024 as a landmark year for both organizations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.69%
Tags
AI
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Rhea-AI Summary
Safe and Green Development Corporation (SGD) collaborates with Majestic World Holdings to roll out the Xene AI Software platform, aiming to revolutionize the real estate sector. The platform, powered by advanced AI technology, is designed to create a decentralized and interconnected ecosystem, streamlining property transactions and offering a cost-effective alternative to traditional buyers' agent models. The beta launch was a success, attracting nearly 300 licensed real estate agent members in under eight hours. Post-launch, a waiting list of nearly 500 licensed real estate agents and over 100 active real estate investors was garnered, positioning 2024 as a landmark year for both organizations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.07%
Tags
AI
Rhea-AI Summary
Safe & Green Holdings Corp. (NASDAQ: SGBX) announced a new contract with recurring customer SG Echo, LLC, for over 150 modular units, expected to generate approximately $11.3 million in revenue over the next six months. The project is set to commence immediately and aims to be completed during the first half of 2024. This significant order reflects the company's ability to provide high-quality units sustainably and cost-efficiently, leading to strong partnerships and recurring business opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.73%
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none
Safe & Green Holdings Corp

Nasdaq:SGBX

SGBX Rankings

SGBX Stock Data

3.66M
10.82M
39.34%
3.85%
1.71%
Other Metal Container Manufacturing
Manufacturing
Link
US
Brooklyn

About SGBX

sg blocks,inc. is the premier innovator in providing industry approved, code engineered cargo shipping containers to meet the growing demand for safe and green construction. rather than consuming new steel and lumber, sg blocks capitalizes on the structural engineering and design parameters a shipping container must meet and repurposes them for use in building. offering a product that typically exceeds building code requirements, sg blocks enables developers, architects, builders and owners to achieve greener construction, faster execution and stronger buildings of higher value and extended life.sg blocks has an application in meeting safe and sustainable housing needs, particularly in hurricane and earthquake prone areas. since its inception in 2007, sg blocks has developed and implemented the technology to break away from standardized container construction at reduced costs and is committed to providing a construction methodology that will lessen the global carbon footprint. each con