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Safe & Green Holdings Corp. Adjourns 2025 Annual Meeting Due to Lack of Quorum

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SGBX
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Company Schedules Virtual Reconvening for Jan. 28, 2026; Proxy Solicitation to Continue Company Sche...

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AI Summary

Safe & Green Holdings Corp. (SGBX) adjourned its annual meeting due to a lack of quorum and plans to reconvene virtually on January 28, 2026. The company is urging shareholders to submit their proxies to ensure successful execution of proposals, which remain unchanged.

Sentiment Rationale

While the adjournment indicates potential governance challenges, it allows for future engagement with shareholders, leading to a neutral impact on share price in the short term.

Trading Thesis

Invest in SGBX ahead of the reconvened meeting for potential positive momentum.

Market-Moving

  • SGBX's ability to achieve quorum is critical for proposal approvals.
  • The outcome of the annual meeting could affect SGBX's strategic direction.
  • Proxy submissions are essential; low turnout may signal shareholder disinterest.
  • Examining proposals could lead to market re-evaluation of SGBX's growth potential.

Key Facts

  • SGBX's 2025 Annual Meeting was adjourned due to lack of quorum.
  • The meeting will reconvene virtually on January 28, 2026.
  • Shareholders are urged to submit proxies to achieve quorum.
  • No business was conducted; proposals remain unchanged.
  • SGBX focuses on industrial and energy solutions market.

Companies Mentioned

  • Safe & Green Holdings Corp. (SGBX): Their upcoming Annual Meeting decisions are pivotal for operational strategy.

Corporate Developments

This falls under 'Corporate Developments' as the adjourned meeting impacts shareholder engagement and corporate governance.

Safe & Green Holdings Corp. Adjourns 2025 Annual Meeting Due to Lack of Quorum

CONROE, Texas, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) has announced the adjournment of its 2025 Annual Meeting of Stockholders, initially convened today. The meeting was adjourned due to the absence of a quorum, which prevented any business from being conducted.

Rescheduled Annual Meeting Details

The 2025 Annual Meeting will reconvene virtually on January 28, 2026, at 1:00 p.m. Eastern Time. During this meeting, stockholders will have the opportunity to vote on the proposals outlined in the definitive proxy statement filed with the Securities and Exchange Commission on December 19, 2025.

The record date for determining which stockholders are entitled to vote remains set as November 21, 2025.

Proxy Voting and Shareholder Participation

During the adjournment period, Safe & Green Holdings Corp. will continue to solicit proxies for the proposals listed in the proxy materials. Shareholders are encouraged to submit their proxies promptly to ensure a quorum is present for the January 28 meeting.

  • Proxies submitted prior will be counted at the reconvened meeting unless properly revoked.
  • No changes have been made to the proposals or related materials.
  • The proxy materials are available free of charge on the SEC's website.

About Safe & Green Holdings Corp. (SGBX)

Safe & Green Holdings Corp. operates as an industrial holding company dedicated to acquiring, operating, and scaling businesses that offer engineered solutions across various markets including industrial, energy, and infrastructure. With subsidiaries like Giant Containers, the company specializes in delivering high-quality modular and containerized systems engineered for rapid deployment and sustained performance.

Contact Information

For further inquiries, investors can reach out via email at investors@safeandgreenholdings.com.

For corporate communications, please contact Investor Brand Network in Austin, Texas at the following:

Phone: 512.354.7000

Email: Editor@InvestorBrandNetwork.com

Website: Investor Brand Network

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