Manage Tickers

Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current
Analyst Rating Guide

News

Back

Safe & Green Holdings Receives Extension, Through November 12, 2024, To Regain Compliance With Nasdaq's Minimum Stockholders' Equity Requirement

Author: Benzinga Newsdesk | July 25, 2024 08:44am

Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, is pleased to announce it has received an extension of time, through November 12, 2024, to regain compliance with Nasdaq's Listing Rule 5550(b), which requires a minimum of $2,500,000 stockholders' equity. The Company expects to regain full compliance with the stockholders' equity requirement as a result of the recent private placement, cost-cutting initiatives aimed at achieving positive cash flow in 2024, ongoing debt reduction, and other strategic initiatives underway.

Posted In: SGBX


CORE & Plaid

CORE Finalist

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist