Safe & green holding corp. announces intended spin-off of safe and green development corporation

Jacksonville, fla.--( business wire )--safe & green holdings corp. (nasdaq: sgbx) (“safe & green holdings” or the “company”), announced that the company's subsidiary, sgb development corp. has changed its name to safe and green development corporation, and that the company further intends to spin-off thirty percent of safe and green development corporation to the company's stockholders, to form an independent, publicly traded company.
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