Safe & Green Holdings Pivots to Energy Sector Through Merger Completion and Strategic Partnerships

Safe & Green Holdings Corp. (NASDAQ: SGBX) will hold its 2025 Annual Meeting of Stockholders on December 29, 2025, with shareholders set to approve the final steps of the company's strategic transformation from a modular construction firm to an integrated energy enterprise. The meeting agenda includes critical approval for New Asia Holdings Corp. to convert preferred shares into common stock, formally completing the Olenox-Machfu merger that fundamentally reshapes the company's business direction.

CEO Michael McLaren emphasized that this merger marks a significant strategic pivot, moving the company into a new phase focused on industrial construction projects, artificial intelligence data centers, and cryptocurrency mining infrastructure. This transition represents a complete departure from the company's previous modular construction focus, positioning Safe & Green to capitalize on emerging opportunities in the energy and technology infrastructure sectors.

The company is consolidating its operations in Conroe, Texas, while simultaneously advancing its energy initiatives through Olenox's deployment of AI-driven well optimization technology. The first drilling project under the expanded energy program is scheduled for late 2025, representing a tangible step in the company's energy transition strategy. This technological approach aims to improve efficiency and output in energy extraction operations through advanced data analytics and machine learning applications.

In a parallel development supporting its digital infrastructure ambitions, Safe & Green announced an Open Collaborative Framework partnership with global technology firm OneQode. This strategic alliance is designed to enhance the company's capabilities in supporting digital infrastructure requirements, particularly for AI data centers and cryptocurrency mining operations that form a core component of the company's new strategic direction.

The company maintains an active newsroom where investors can access the latest updates and developments at https://ibn.fm/SGBX. The full details of the annual meeting agenda and the complete press release are available through the company's official communications channels, providing comprehensive information about the shareholder voting requirements and the strategic implications of the merger completion.

This corporate transformation comes at a time when energy transition and digital infrastructure represent significant growth sectors in the global economy. The shift from traditional modular construction to integrated energy solutions positions Safe & Green to participate in multiple high-growth markets, including renewable energy integration, AI infrastructure development, and cryptocurrency mining operations. The company's strategic realignment reflects broader industry trends toward diversified energy and technology infrastructure solutions that can support the increasing digitalization of the global economy.