Welcome to our dedicated page for Safe & Green Development news (Ticker: SGD), a resource for investors and traders seeking the latest updates and insights on Safe & Green Development stock.
Safe and Green Development Corporation (NASDAQ: SGD) appears in public disclosures as a real estate development and environmental solutions company with operations in organics processing, engineered soils, and logistics. The SGD news feed on Stock Titan aggregates company-issued press releases and related updates so readers can review how management describes its strategy, operating platform, and capital markets activity over time.
Recent news items highlight the company’s focus on an 80+ acre organics processing facility in Florida, including Myakka City, where it processes source-separated green waste into compost, wood fines, and other materials used in commercial soils and specialty horticultural products. Announcements have discussed new purchase orders from a large U.S. distributor of branded chemistry products, pricing changes on recurring compost orders, and initiatives to expand into potting media, soil substrates, and engineered soils.
Other releases describe equipment investments such as a Diamond Z horizontal grinder, a Komptech shredder, and the planned integration of a patented Micotec Mill, as well as the role of the Resource Group US Holdings LLC subsidiary in operating the organics processing and logistics platform. Company news has also addressed real estate monetization steps, including the restructuring and transfer of the Lago Vista, Texas property and plans to market additional properties for sale.
In addition, SGD news includes updates on capital structure and financing, such as private placements of preferred stock and warrants, debt restructuring, and proxy proposals related to potential share issuances. Readers interested in the company’s evolution, including its later communications about a name and ticker change to RenX Enterprises Corp. and RENX, can use this page to review the sequence of announcements in one place.
RenX Enterprises (NASDAQ: RENX) announced progress on its sustainable growing media initiative using advanced milling and materials-engineering technology licensed exclusively from Microtec Development & Holdings. Microtec, acquired by Ara Partners earlier in 2025, supplies processing and systems-integration capabilities that enable RenX to scale from single-site production to a repeatable, multi-facility model. The platform converts locally sourced green and organic waste into engineered substrates designed to replace peat, coconut coir, and hydrafiber, aiming to improve consistency, reduce transportation emissions, and divert organic waste from landfills. Initial commercial deployments are expected to begin in 2026, with plans for additional regional facilities and formulations over time.
RenX Enterprises Corp (NASDAQ: RENX) announced a corporate name change from Safe and Green Development Corporation effective December 19, 2025. The company’s common stock is expected to begin trading under the new ticker RENX on that date; the CUSIP will remain unchanged. The name and ticker reflect a strategic focus on engineered soils, renewable-material production, and scaled deployment of operating assets. The company said no action is required by existing stockholders and outstanding certificates remain valid. The company website will be www.renxent.com.
Safe and Green Development Corporation (NASDAQ: SGD) announced a 25% price increase on recurring weekly compost purchase orders at its Myakka, Florida facility, effective with orders from the consistent high-volume customer who maintained order volume after the change.
The company said the pricing boost directly contributes to gross revenue and improves unit economics while aligning with operational upgrades, including newly delivered equipment and planned integration of a Microtec mill. SGD also will publish a monthly third-party inventory flyover report for the Myakka site on sgdevco.com/media to increase transparency.
Safe and Green Development Corporation (NASDAQ: SGD) secured delivery of a patented Micotec Mill, with delivery expected in March 2026, to strengthen materials processing across soil and environmental product lines.
The company holds exclusive U.S. utilization rights to the Micotec milling technology. Two upstream systems—Diamond Z horizontal grinder and Komptech shredder—are now fully operational and increasing daily throughput. Initial installation is planned at the Myakka City, Florida green waste facility, followed by commissioning, testing, and a phased production ramp. Future deployments will depend on performance, market demand, and capital planning.
Safe and Green Development (NASDAQ: SGD) announced a new customer — a large U.S. distributor of branded chemistry products serving specialty agriculture — has issued multiple purchase orders for wood fines from the Company’s Myakka, Florida site.
Based on current weekly volumes, the orders equate to approximately $9,000 per week, and the Company said it expects orders to continue at this rate. Material is produced on the site’s Diamond Z grinder, screened to customer specs, and allows recycling of 100% of inbound feedstock. The sale expands the Myakka customer base and supports scaling engineered soils and organics recycling across agricultural and turf markets.
Safe and Green Development (NASDAQ: SGD) reported record Q3 2025 results with revenue of $3.5 million, up from ~$81 thousand in Q3 2024 (+~4,200% YoY), and gross profit of $0.9 million. Gross margin improved to ~26% (versus ~23% in Q2 2025). The company completed the full purchase of a Microtec milling system, with new equipment already online at its Florida site and the mill arriving in Q4 to enable higher‑margin growing media production. Q3 operating loss was $(2.33) million and net loss was $(4.35) million, driven by higher operating costs and $2.0 million interest expense. Nine‑month revenue was $4.9 million (+~2,300% YoY) and nine‑month net loss was $(12.3) million.
Safe and Green Development Corporation (NASDAQ: SGD) announced on October 30, 2025 that it has satisfied in full and retired all outstanding convertible debt obligations. The company said this milestone strengthens its balance sheet, enhances financial flexibility and supports management's efforts to accelerate operational momentum across strategic growth initiatives. CEO David Villarreal commented that eliminating the convertible debt advances the company's long-term goal of building sustainable value for shareholders.
Safe and Green Development Corporation (NASDAQ: SGD) announced new industrial processing equipment has been delivered and deployed at its Southwest Florida Resource Group sites. The Komptech Crambo Mobile shredder is stationed at the 15th Street Transfer Site in Sarasota, and the Diamond Z DZH6000 Series grinder is operating at the Myakka City facility. The equipment arrived earlier this week and has been placed into immediate operation to enhance throughput for engineered soils, composting, and green‑waste recycling.
Management says the additions are expected to improve production capacity, reduce processing times, and strengthen site efficiency to meet rising product demand and broader distribution across the company’s Florida operations.
Safe and Green Development Corporation (NASDAQ: SGD) entered a PIPE financing agreement to raise approximately $9.0 million in gross proceeds through the sale of 360,000 shares of Series B non-voting convertible preferred stock and accompanying warrants.
The Preferred converts at $1.36 per share into 6,617,647 common shares; Warrants permit purchase of up to 6,617,647 common shares at a $1.36 exercise price. Units were priced at $25.00 per preferred share plus warrant. Closing is expected on or about October 17, 2025, subject to conditions. Proceeds are earmarked for Resource Group expansion, debt reduction, strategic investments, and working capital; resale registration will be filed with the SEC.
Safe and Green Development Corporation (NASDAQ: SGD) reported exceptional Q2 2025 financial results, highlighted by a 3,200% year-over-year revenue growth to $1.4 million, compared to $42,000 in Q2 2024. The dramatic increase stems from the recent acquisition of Resource Group US Holdings LLC.
Key highlights include the company's exit from legacy software operations to focus on real estate and compost/transportation, leadership restructuring with new board members, and ongoing real estate portfolio optimization. Management projects Q3 2025 revenue of approximately $4 million, representing the first full quarter with Resource Group integration.
Despite an Adjusted EBITDA loss of $634,000, the company recorded significant one-time adjustments, including a $966,000 impairment related to legacy software operations and a $3.025 million bad debt expense reserve.