Safe & Green Development Corp. to Acquire New Company

TL;DR

SGC is buying a new company, closing Q4 2025. Big expansion move.

AI Summary

Safe & Green Development Corp. announced on August 26, 2025, that it has entered into a definitive agreement to acquire all of the outstanding equity interests of a target company. The acquisition is expected to close in the fourth quarter of 2025, subject to customary closing conditions. This move is part of the company's strategy to expand its real estate development portfolio.

Why It Matters

This acquisition signifies Safe & Green Development Corp.'s strategic expansion into new markets or property types, potentially impacting its future revenue streams and market position.

Risk Assessment

Risk Level: medium — Acquisitions carry inherent risks, including integration challenges, potential overpayment, and unforeseen liabilities of the target company.

Key Players & Entities

• Safe & Green Development Corp. (company) — Registrant
• August 26, 2025 (date) — Date of earliest event reported
• fourth quarter of 2025 (date) — Expected closing period for acquisition
• Delaware (jurisdiction) — State of incorporation
• 646 - 240-4235 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.001 — ch Registered Common Stock, par value $0.001 SGD The Nasdaq Stock Market LLC I
• $100,000,000 — being presented by the Investors with a $100,000,000 or greater private placement financing

Filing Documents

• ea0255289-8k_safe.htm (8-K) — 24KB
• 0001213900-25-082547.txt ( ) — 187KB
• sgd-20250826.xsd (EX-101.SCH) — 3KB
• sgd-20250826_lab.xml (EX-101.LAB) — 33KB
• sgd-20250826_pre.xml (EX-101.PRE) — 22KB
• ea0255289-8k_safe_htm.xml (XML) — 4KB

01 Other Events

Item 8.01 Other Events On August 26, 2025, Safe and Green Development Corporation (the "Company") provided written notice under the Securities Purchase Agreement, dated June 29, 2025 (the "Purchase Agreement"), between the Company and the investors signatory thereto (the "Investors"), that the Investors' right of first refusal (as set forth in the Purchase Agreement) to participate in any proposed sale of equity or debt securities of the Company had expired pursuant to its terms by reason of: (i) the Company not being presented by the Investors with a $100,000,000 or greater private placement financing with a third-party within three (3) business days of the Purchase Agreement (the "Treasury Opportunity"); (ii) the Company not receiving or entering into any letter of intent ("Letter of Intent") with a third-party for a $100,000,000 or greater Treasury Opportunity; and (iii) the Company not consummating a $100,000,000 or greater Treasury Opportunity thirty (30) days from the execution of any Letter of Intent or otherwise (each, a "Treasury Opportunity Failure"). In addition, as a result of the Treasury Opportunity Failure, the Consulting Agreement, dated June 29, 2025, by and between the Company and Bill Panagiotakopoulos terminated pursuant to its terms and Mr. Panagiotakopoulos' resignation as consultant to the Company became effective. 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: August 29, 2025 By: /s/ Nicolai Brune Name: Nicolai Brune Title: Chief Financial Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR