Safe & Green Development Corp. Relocates Principal Executive Offices
Ticker: RENX · Form: 8-K · Filed: Jun 10, 2024 · CIK: 1959023
| Field | Detail |
|---|---|
| Company | Safe & Green Development Corp (RENX) |
| Form Type | 8-K |
| Filed Date | Jun 10, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001, $10,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: office-relocation, administrative
TL;DR
SGC is moving its main office to Miami, FL.
AI Summary
On June 6, 2024, Safe & Green Development Corp. filed an 8-K report to disclose a change in its principal executive offices. The company's new principal executive office address is 100 Biscayne Blvd., #1201, Miami, FL 33132. This change is effective as of June 6, 2024.
Why It Matters
A change in principal executive offices can indicate operational shifts or strategic realignments within a company.
Risk Assessment
Risk Level: low — This filing is a routine administrative update regarding the company's office location and does not involve financial transactions or significant operational changes.
Key Players & Entities
- Safe & Green Development Corp. (company) — Registrant
- 100 Biscayne Blvd., #1201, Miami, FL 33132 (location) — New Principal Executive Offices
- June 6, 2024 (date) — Effective date of office change
FAQ
What is the new address for Safe & Green Development Corp.'s principal executive offices?
The new address is 100 Biscayne Blvd., #1201, Miami, FL 33132.
When was the change in principal executive offices effective?
The change was effective as of June 6, 2024.
What type of filing is this for Safe & Green Development Corp.?
This is a Form 8-K, a Current Report.
What was the previous principal executive office address?
The filing mentions a former address at 5011 Gate Parkway, Building 100, Jacksonville, FL 32256, and also 990 Biscayne Blvd. #501, Office 12 Miami, FL 33132 as a former name or address.
What is the company's state of incorporation?
The company is incorporated in Delaware.
Filing Stats: 587 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-06-10 06:48:01
Key Financial Figures
- $0.001 — ch Registered Common Stock, par value $0.001 SGD The Nasdaq Stock Market LLC I
- $10,000 — ngress will receive a consulting fee of $10,000 a month. The Consulting Agreement has a
Filing Documents
- ea0207538-8k_safe.htm (8-K) — 26KB
- 0001213900-24-050955.txt ( ) — 236KB
- sgd-20240606.xsd (EX-101.SCH) — 3KB
- sgd-20240606_def.xml (EX-101.DEF) — 26KB
- sgd-20240606_lab.xml (EX-101.LAB) — 35KB
- sgd-20240606_pre.xml (EX-101.PRE) — 24KB
- ea0207538-8k_safe_htm.xml (XML) — 4KB
01 Other Events
Item 8.01 Other Events. On June 6, 2024, Safe and Green Development Corporation (the "Company") completed the acquisition of all of the assets related to the A.I technology known as My Virtual Online Intelligent Assistant ("MyVONIA") pursuant to the previously disclosed Asset Purchase Agreement, dated as of May 7, 2024, by and between the Company and Dr. Axely Congress (the "APA"). MyVONIA, an advanced artificial intelligence (AI) assistant, utilizes machine learning and natural language processing algorithms to provide users with human-like conversational interactions, tailored to their specific needs. MyVONIA does not require an app, or website but is accessible to subscribers via text messaging. The purchase price for MyVONIA is up to 500,000 shares of the Company's common stock, par value $0.001. Of such shares, 200,000 shares of common stock were issued at the closing on June 6, 2024, with an additional 300,000 shares of common stock issuable upon the achievement of certain benchmarks. Pursuant to the APA, Dr. Congress has agreed to a non-compete. In connection with the closing, Dr. Congress also entered into a consulting agreement with the Company (the "Consulting Agreement") to continue to develop MyVONIA and provide such other services as are required pursuant thereto under which Dr. Congress will receive a consulting fee of $10,000 a month. The Consulting Agreement has a term of two years and has a non-compete. 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: June 10, 2024 By: /s/ Nicolai Brune Name: Nicolai Brune Title: Chief Financial Officer 2