Safe and Green Holdings Enters into Agreement with Three Pines Leasing to Supply Modular Office and Storage Units to Government Agency
May 27 2025 - 9:30AM
Safe & Green Holdings Corp. (NASDAQ: SGBX) ("Safe & Green
Holdings" or the "Company"), a leading developer, designer, and
fabricator of modular structures diversified platform transforming
critical infrastructure through sustainable modular innovation,
announces entering into a contract with Three Pines Leasing of
Ocilla, GA. to supply multiple modular units expected to be leased
by a U.S. government agency. An established U.S. government
contractor, Three Pines Leasing has an established relationship
with the Company and expects to enter into additional contracts
throughout the balance of 2025.
Mike McLaren, Safe and Green Holdings Chairman and CEO
commented, “We continue to leverage our expertise in the area of
converting modular units like shipping containers into more usable
space like offices and storage units. We continue to value our
relationship with Three Pines Leasing and look forward to further
opportunities to provide their partners with these spaces.”
The Company will utilize its expertise in repurposing and
modifying shipping containers to construct portable storage and
office units. The current contract is similar to previous projects
performed by the Company for this government agency in connection
with its relationship to Three Pines Leasing.
About Safe & Green Holdings Corp.
Safe & Green Holdings Corp., 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. For more information,
visit https://www.safeandgreenholdings.com/ and follow us at
@SGHcorp on Twitter.
Safe Harbor Statement
Certain statements in this press release constitute
"forward-looking statements" within the meaning of the federal
securities laws. Words such as "may," "might," "will," "should,"
"believe," "expect," "anticipate," "estimate," "continue,"
"predict," "forecast," "project," "plan," "intend" or similar
expressions, or statements regarding intent, belief, or current
expectations, are forward-looking statements. These forward-looking
statements are based upon current estimates and assumptions and
include statements regarding the additional contract with Three
Pines Leasing for multiple modular units to be leased by a U.S.
government agency. While the Company believes these forward-looking
statements are reasonable, undue reliance should not be placed on
any such forward-looking statements, which are based on information
available to us on the date of this release. These forward-looking
statements are subject to various risks and uncertainties, many of
which are difficult to predict that could cause actual results to
differ materially from current expectations and assumptions from
those set forth or implied by any forward-looking statements.
Important factors that could cause actual results to differ
materially from current expectations include, among others, the
Company’s ability to successfully fulfill the contract with Three
Pines Leasing, the effect of government regulation, the Company’s
ability to maintain compliance with the NASDAQ listing
requirements, and the other factors discussed in the Company’s
Annual Report on Form 10-K for the year ended December 31, 2024 and
its subsequent filings with the SEC, including subsequent periodic
reports on Forms 10-Q and 8-K. The information in this release is
provided only as of the date of this release, and we undertake no
obligation to update any forward-looking statements contained in
this release on account of new information, future events, or
otherwise, except as required by law.
Investor Relations:
CORE IR 516 222 2560 investors@safeandgreenholdings.com
Safe and Green (NASDAQ:SGBX)
Historical Stock Chart
From Jun 2025 to Jul 2025
Safe and Green (NASDAQ:SGBX)
Historical Stock Chart
From Jul 2024 to Jul 2025