Safe & Green Development Corp. Holds Shareholder Meeting

TL;DR

SGD held a shareholder vote on July 2nd, details to follow.

AI Summary

Safe & Green Development Corp. (NASDAQ: SGD) filed an 8-K on July 3, 2024, reporting on a shareholder meeting held on July 2, 2024. The primary purpose of the meeting was for security holders to vote on certain matters. The company is incorporated in Delaware and its principal executive offices are located in Miami, Florida.

Why It Matters

This filing indicates a formal shareholder engagement event, which could lead to decisions impacting the company's future direction or governance.

Risk Assessment

Risk Level: low — This is a routine filing reporting on a shareholder meeting, with no immediate financial or operational risks disclosed.

Key Players & Entities

• Safe & Green Development Corp. (company) — Registrant
• NASDAQ: SGD (company) — Ticker Symbol
• July 2, 2024 (date) — Date of Shareholder Meeting
• July 3, 2024 (date) — Filing Date
• Delaware (jurisdiction) — State of Incorporation
• Miami, FL (location) — Principal Executive Offices

FAQ

Key Financial Figures

• $0.001 — ch Registered Common Stock, par value $0.001 SGD The Nasdaq Stock Market LLC I

Filing Documents

• ea0208934-8k_safe.htm (8-K) — 38KB
• 0001213900-24-059067.txt ( ) — 211KB
• sgd-20240702.xsd (EX-101.SCH) — 3KB
• sgd-20240702_lab.xml (EX-101.LAB) — 33KB
• sgd-20240702_pre.xml (EX-101.PRE) — 22KB
• ea0208934-8k_safe_htm.xml (XML) — 4KB

07. Submission of Matters to a Vote

Item 5.07. Submission of Matters to a Vote of Security Holders. On July 2, 2024, at the Safe and Green Development Corporation (the "Company") 2024 Annual Meeting of Stockholders (the "2024 Annual Meeting"), the Company's stockholders voted on four proposals, each of which is listed below and described in more detail in the Company's definitive proxy statement filed with the Securities and Exchange Commission on May 31, 2024 (the "Proxy Statement") . With respect to each proposal, holders of the Company's common stock, par value of $0.001 per share (the "Common Stock"), were entitled to cast one vote per share of Common Stock held as of the close of business on the record date of May 9, 2024. On the record date there were 15,756,636 shares of the Company's Common Stock issued and outstanding and entitled to vote at the 2024 Annual Meeting. The following are the final results of voting on each of the proposals presented at the 2024 Annual Meeting: Proposal No. 1 — The stockholders elected each of Paul Galvin, Christopher Melton and Jeffrey Tweedy to serve as a Class I Director, each to serve a three-year term expiring at the 2027 annual meeting of stockholders and until such director's successor is duly elected and qualified. For Withheld Broker Non-Votes Paul Galvin 7,802,755 77,276 1,260,898 Christopher Melton 7,801,824 78,207 1,260,898 Jeffrey Tweedy 7,799,348 80,683 1,260,898 Proposal No. 2 — The stockholders ratified the selection of MK CPAS PLLS as our independent registered public accounting firm for the Company's fiscal year ending December 31, 2024. Votes For Votes Against Abstentions Broker Non-Votes 9,036,821 75,714 28,393 — Proposal No. 3 — The stockholders approved an amendment to the Company's Amended and Restated Certificate of Incorporation, to effect a reverse stock split with respect to the Company's issued and outstanding Common Stock at a ratio of 1-for-2 to 1-for-20, with the ratio within such range to be d

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: July 3, 2024 By: /s/ Nicolai Brune Name: Nicolai Brune Title: Chief Financial Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR