Safe & Green Holdings Corp. (NASDAQ: SGBX) announced that its 2025 Annual Meeting of Stockholders, originally convened on December 29, 2025, was adjourned due to the absence of a quorum. No business was conducted at the adjourned meeting. The company will reconvene the meeting virtually on January 14, 2026, at 1:00 p.m. Eastern Time.
At the reconvened meeting, stockholders will vote on the proposals described in the company's definitive proxy statement filed with the U.S. Securities and Exchange Commission on December 19, 2025. The record date for determining stockholders entitled to vote remains November 21, 2025. Previously submitted proxies will be voted at the reconvened meeting unless properly revoked. The company stated it will continue soliciting proxies during the adjournment period.
No changes have been made to the proposals or proxy materials, which remain available for review on the SEC's website. The full press release detailing the adjournment is available at https://nnw.fm/f5eUd.
This development is significant for investors and market observers as it highlights a procedural delay in corporate governance for the modular solutions company. The absence of a quorum at a scheduled annual meeting can signal potential challenges in shareholder engagement or participation, which may be monitored by institutional investors and analysts. The outcome of the votes at the reconvened meeting could influence the company's strategic direction and governance practices.
Safe & Green Holdings Corp. operates as a leading modular solutions company, focusing on the development, design, and fabrication of modular structures. It aims to provide safe and green solutions across various industries, supporting third-party and in-house developers, architects, builders, and owners in achieving faster execution, greener construction, and buildings of higher value.
Further news and updates relating to SGBX are available in the company's newsroom at https://nnw.fm/SGBX. The announcement was distributed via NetworkNewsWire (NNW), a specialized communications platform focused on financial news and content distribution for companies and the investment community, which is part of the Dynamic Brand Portfolio at IBN.
