Safe & green holdings corp. announces distribution date of september 27, 2023, for planned spinoff of sg devco to nasdaq

Miami--(business wire)--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 a further update on the planned spin-off of safe & green development corp (“sg devco”), the company's real estate development subsidiary, and the planned distribution of approximately 30% of the outstanding shares of sg devco common stock to sg holdi.
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