Safe & Green Development Corp. Files 8-K on Shareholder Votes
Ticker: RENX · Form: 8-K · Filed: Mar 4, 2024 · CIK: 1959023
| Field | Detail |
|---|---|
| Company | Safe & Green Development Corp (RENX) |
| Form Type | 8-K |
| Filed Date | Mar 4, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-vote, 8-k
Related Tickers: SGMD
TL;DR
SGMD filed an 8-K on shareholder votes as of Feb 28. Nothing major, just corporate housekeeping.
AI Summary
Safe & Green Development Corp. filed an 8-K on March 4, 2024, reporting on matters submitted to a vote of security holders as of February 28, 2024. The filing details the company's corporate structure, including its state of incorporation (Delaware) and fiscal year end (December 31).
Why It Matters
This filing provides an update on corporate governance matters, specifically votes by security holders, which can impact company direction and shareholder rights.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure and does not appear to contain significant new risks or material adverse information.
Key Players & Entities
- Safe & Green Development Corp. (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- February 28, 2024 (date) — Date of earliest event reported
- March 4, 2024 (date) — Date of report
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates that matters were submitted to a vote of security holders, but the specific details of these matters are not provided in the excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on February 28, 2024.
What is the principal executive office address for Safe & Green Development Corp.?
The principal executive office address is 990 Biscayne Blvd #501, Office 12, Miami, FL 33132.
What is the company's telephone number?
The company's telephone number is (904) 496-0027.
What is the Standard Industrial Classification (SIC) code for Safe & Green Development Corp.?
The SIC code for Safe & Green Development Corp. is 6500, which falls under Real Estate.
Filing Stats: 619 words · 2 min read · ~2 pages · Grade level 12.1 · Accepted 2024-03-04 17:31:02
Key Financial Figures
- $0.001 — ch Registered Common Stock, par value $0.001 SGD The Nasdaq Stock Market LLC I
Filing Documents
- ea0201021-8k_safeand.htm (8-K) — 31KB
- 0001213900-24-019640.txt ( ) — 204KB
- sgd-20240228.xsd (EX-101.SCH) — 3KB
- sgd-20240228_lab.xml (EX-101.LAB) — 33KB
- sgd-20240228_pre.xml (EX-101.PRE) — 22KB
- ea0201021-8k_safeand_htm.xml (XML) — 4KB
07. Submission
Item 5.07. Submission of Matters to a Vote of Security Holders. On February 28, 2024, at the Special Meeting, the Company's stockholders voted on the following three (3) proposals and votes were cast as described below. These matters are described in detail in the Definitive Proxy Statement. The final results for Proposals 1 – 3 are as follows: Proposal No. 1 The stockholders approved the issuance of 20% or more of the Company's issued and outstanding common stock as of November 30, 2023 pursuant to the securities purchase agreement with Peak One Opportunity Fund, L.P. ("Peak One"), including upon the conversion of debentures issued or issuable to Peak One and a warrant issued to Peak One Investments, LLC. The results of the voting for this proposal were as follows: For Against Abstain Broker Non-Votes 7,084,052 65,407 2,005 0 Proposal No. 2 The stockholders approved, the issuance of 20% or more of the Company's issued and outstanding common stock as of November 30, 2023 pursuant to the equity purchase agreement with Peak One. The results of the voting for this proposal were as follows: For Against Abstain Broker Non-Votes 7,082,693 66,720 2,051 0 Proposal No. 3 The stockholders approved the adjournment of the Special Meeting to a later date, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of Proposal 1 and/or Proposal 2. The results of the voting for this proposal were as follows: For Against Abstain Broker Non-Votes 7,073,165 66,060 3,341 8,898 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Safe and Green Development Corporation Dated: March 4, 2024 By: /s/ Nicolai Brune Name: Nicolai Brune Title: Chief Financial Officer 2