About Safe & Green Holdings Corp. - Common Stock (SGBX)
Safe & Green Holdings Corp is a company focused on providing innovative solutions in the construction and real estate sectors, with an emphasis on sustainability and environmentally friendly practices. They engage in the development and management of properties, utilizing advanced building techniques and materials to create energy-efficient structures. By integrating technology and sustainable practices, the company aims to address housing needs while contributing to a greener future, making it a key player in the evolving landscape of modern construction and urban development. Read More
Safe & Green Holdings (NASDAQ: SGBX), through its wholly owned subsidiary Olenox Corp., announced that Olenox has begun reviewing several drilling sites across its existing oil and gas leases. As the energy development arm of SGBX, Olenox plans to complete one drilling project in the fourth quarter of 2025 and implement an expanded drilling program through 2026 and beyond. CEO Michael McLaren said the company aims to reach 1,000 barrels of oil equivalent per day by year-end 2026 through a combination of new drilling, legacy wellsite revitalization, and acquisitions.
CONROE, Texas, Oct. 20, 2025 (GLOBE NEWSWIRE) -- via IBN – Olenox Corp, a vertically integrated energy company and wholly owned subsidiary of Safe & Green Holdings Corp. (NASDAQ: SGBX), is pleased to announce Olenox has begun the initial review of several drilling sites on current leases held within its oil and gas portfolio.
Safe & Green Holdings (NASDAQ: SGBX), through its wholly owned subsidiary Olenox Corp., announced the completion of Phase 1 of its intelligent wellsite monitoring system, powered by the company’s Machfu gateway. The AI-driven platform enables real-time, bi-directional monitoring and control to reduce lifting costs, site visits, and energy use while optimizing production. Using a proprietary algorithm, the system adjusts pumpjack operations based on water-cut levels to improve efficiency and extend equipment life. Phase 2 will see full deployment at an Olenox production pad, with shareholders able to monitor real-time results via a read-only webpage.
Safe and Green Holdings (NASDAQ: SGBX) is a diversified holding company focused on delivering innovative solutions across infrastructure, construction, energy, healthcare, and environmental sectors. Originally established in 2007 as SG Blocks, the company has evolved into a vertically integrated platform serving both public and private sector clients with modular, sustainable systems. Its operations span a range of industries unified by a commitment to efficient, scalable design and sustainability-driven development.
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Safe & Green Holdings (NASDAQ: SGBX), a developer, designer, and builder of modular structures for residential, commercial, and medical applications, announced it has regained compliance with all Nasdaq listing requirements, including Listing Rule 5550(a)(2) related to the $1.00 minimum bid price. Nasdaq confirmed the matter closed as of Oct. 3, 2025. As part of its compliance plan, the company restructured its agreement with Boral, cutting potential dilution by 80%, eliminating the Ace warrants, and resolving Nasdaq’s prior public-interest concern regarding potential share issuance. A subsequent reverse stock split reduced dilution by an additional 64%. CEO Mike McLaren said the milestone underscores management’s focus on strengthening the company’s capital structure and positioning Safe & Green for sustained growth.
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