Safe and Green Holdings (NASDAQ: SGBX), a diversified holding company, is set to close 2025 with a Dec. 29 shareholder meeting centered on defining the company’s next phase in the U.S. energy market. “The meeting is expected to be a significant one for the Texas-based company. Stockholders will vote on the approval enabling the former shareholders of New Asia Holdings Corp. to convert their non-voting preferred shares into common shares, a move representing the final step in integrating Olenox Corp. and Machfu, Inc. into Safe & Green’s corporate structure,” reads a recent article. “CEO Michael McLaren said the completion of the merger would formalize the company’s shift from its former modular construction identity into a fully integrated energy company. ‘This final task in the merger of the two companies will mark a new beginning for the corporation, shifting away from modular home construction and into an integrated energy company with a strong container build business focusing on industrial builds such as generator sets, AI data centers and crypto currency miners,’ McLaren noted.”
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About Safe & Green Holdings Corp.
Safe & Green Holdings, a leading modular solutions company, operates under core capabilities which include the development, design, and fabrication of modular structures, meeting the demand for safe and green solutions across various industries. The firm supports third-party and in-house developers, architects, builders, and owners in achieving faster execution, greener construction, and buildings of higher value.
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