Safe and Green Holdings Corp. Engages ShareIntel to Investigate Unusual Trading Activity
June 10 2025 - 9:15AM
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 it has engaged Shareholder Intelligence Services, LLC
(“ShareIntel”) to support efforts to investigate and address
potentially illegal trading activity. This includes suspected naked
short selling and market manipulation involving the Company’s
common stock.
The decision to engage ShareIntel follows an internal review of
trading patterns that raised concerns regarding potential
violations of securities laws. Using ShareIntel’s proprietary
DRIL-Down™ analytics, Safe and Green expects to gain deeper insight
into shareholder trading activity and take appropriate steps to
protect the interests of its investors.
“We are committed to safeguarding the integrity of our stock and
acting decisively in the interest of our shareholders,” said
Michael McLaren, CEO of Safe and Green Holdings Corp. “By
leveraging ShareIntel’s analytics platform, we will be better
positioned to identify irregularities and pursue corrective
measures where necessary.”
As part of this initiative, the Company is also evaluating
further legal and regulatory actions, including potential
participation in the SEC Whistleblower Program and collaboration
with other affected public companies.
About ShareIntel, LLC
ShareIntel is an application service provider retained by public
companies to obtain, aggregate, track and analyze shareholder
trading information. ShareIntel will utilize its patented process
called DRIL-Down™ to aggregate and analyze repository data from
reporting entities, broker-dealers and shareholders, enabling Safe
and Green Holdings to proactively track shareholder ownership,
identify parties to suspicious, aberrant or unusual trading
activity and deploy corrective action steps to help curtail such an
illegal activity.
About Safe and Green Holdings
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 hiring of Shareholder Intelligence
Services, LLC. 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 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.
For investor and media inquiries, please
contact:CORE IR516 222
2560investors@safeandgreenholdings.com
For company inquiries, please
contact:Info@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