Safe & Green Holdings Corp. Announces Approval of 1-for-64 Reverse Stock Split

Safe & Green Holdings Corp. (NASDAQ: SGBX) has announced a 1-for-64 reverse stock split of its common stock, effective September 8, 2025. This action aims to meet Nasdaq's $1.00 minimum bid price requirement for continued listing. The split will see each 64 shares of common stock combined into one, reducing the number of shares from 32,219,486 to 503,000. Importantly, no fractional shares will be issued; shares will be rounded up to the nearest whole number. The par value remains at $0.001 per share, with no change in authorized shares. Stockholders approved this move at a special meeting on August 25, 2025.