Safe & Green Holdings Corp. Files S-1/A Amendment

TL;DR

SGBX files S-1/A amendment, still working on SEC registration. Stay tuned.

AI Summary

Safe & Green Holdings Corp. filed an S-1/A amendment on May 28, 2024, for its registration statement (No. 333-279497). The company, formerly known as SG Blocks, Inc., is incorporated in Delaware and headquartered in Miami, Florida. This filing is an amendment to a previous registration statement, indicating ongoing efforts to register securities.

Why It Matters

This S-1/A filing signifies that Safe & Green Holdings Corp. is actively working through the process of registering securities with the SEC, which is a prerequisite for certain types of public offerings or significant corporate actions.

Risk Assessment

Risk Level: medium — S-1/A filings are typically part of a process that can involve significant capital raises or corporate changes, which inherently carry risks for investors.

Key Numbers

• 333-279497 — SEC Registration Number (Identifies the specific registration statement being amended.)

Key Players & Entities

• SAFE & GREEN HOLDINGS CORP. (company) — Registrant
• SG BLOCKS, INC. (company) — Former company name
• 333-279497 (registration_number) — SEC Registration Number
• May 28, 2024 (date) — Filing date

FAQ

Key Financial Figures

• $0.01 — 3 shares of our Common Stock, par value $0.01 (our “Common Stock”), con
• $2.65 — Placement and have an exercise price of $2.65 per share, subject to adjustment. The
• $0.0001 — , and have an initial exercise price of $0.0001 per share, subject to adjustment. The C
• $5.206 — , and have an initial exercise price of $5.206 per share, subject to adjustment. We r
• $4.0 — adjustment. We received approximately $4.0 million in aggregate gross proce
• $494,213 — ompany received aggregate approximately $494,213 in aggregate gross proceeds, before ded
• $0.2603 — x00a0;27, 2021, at an exercise price of $0.2603 per share ($5.206 as adjusted for the M
• $7,310,343 — gregate gross proceeds of approximately $7,310,343. Further, assuming the exercise of all
• $182,757 — gregate gross proceeds of approximately $182,757. Further, assuming the exercise of all
• $988,427 — gregate gross proceeds of approximately $988,427. We provide more information about how
• $4.63 — Stock on the Nasdaq Capital Market was $4.63 per share. We urge prospective purchase
• $1.00 — equires a minimum bid price of at least $1.00 per share for continued listing. On May
• $6,334,859 — olders’ equity of the Company of $6,334,859, as reported in the Company’s An
• $2.5 million — 3, was below the minimum requirement of $2.5 million. As of May 17, 2024, the Company does n
• $35 m — a market value of listed securities of $35 million, or net income from continued ope

Filing Documents

• ea0206398-02.htm (S-1/A) — 881KB
• 0001213900-24-047121.txt ( ) — 882KB

RISK FACTORS

RISK FACTORS   6 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS   8

USE OF PROCEEDS

USE OF PROCEEDS   11

SECURITY OWNERSHIP OF CERTAIN BENFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENFICIAL OWNERS AND MANAGEMENT   12 SELLING STOCKHOLDER   13 PLAN OF DISTRIBUTION   15 DESCRIPTION OF OUR SECURITIES   17 LEGAL MATTERS   21 EXPERTS   21 WHERE YOU CAN FIND ADDITIONAL INFORMATION   21 INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE   22 The registration statement containing this prospectus, including the exhibits to the registration statement, provides additional information about us and the Common Stock offered under this prospectus. The registration statement, including the exhibits, can be read on our website and the website of the Securities and Exchange Commission. See “Where You Can Find More Information.” Information contained in, and that can be accessed through our web site, www.safeandgreenholdings.com , shall not be deemed to be part of this prospectus or incorporated herein by reference and should not be relied upon by any prospective investors for the purposes of determining whether to purchase the Common Stock offered hereunder. Unless the context otherwise requires, the terms “we,” “us,” “our,” “the Company,” “Safe & Green,” the “Registrant”, and “our business” refer to Safe & Green Holdings Corp., and “this offering” refers to the offering contemplated in this prospectus of the Registrable Securities. i Table of Contents About this Prospectus Neither the Selling Stockholder nor we have authorized anyone to provide you with any information or to make any representations other than those contained in this prospectus, any post -effective amendment, or any applicable prospectus supplement prepared by or on behalf of us or to which we have referred you. We and the Selling Stockholder take no responsibility for and can provide no assurance as to the reliability of any o

View Full Filing

View this S-1/A filing on SEC EDGAR