Safe and Green Development Corporation operates as a real estate development company. It focuses on building single or multifamily projects. The company was formerly known as SGB Development Corp. and changed its name to Safe and Green Development Corporation in December 2022. The company was incorporated in 2021 and is based in Miami, Florida. Safe and Green Development Corporation is a subsidiary of Safe & Green Holdings Corp.
Company profile
Ticker
SGD
Exchange
CEO
Mr. David Villarreal Jr.
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Blue Water Biotech, Inc., Blue Water Vaccines Inc.
SEC CIK
Corporate docs
Subsidiaries
LV Peninsula Holding LLC • JDI Cumberland Inlet, LLC • Majestic World Holdings LLC • Norman Berry II Owners, LLC • 10% owned by Safe and Green Development Corporation • 68.25% owned by Safe and Green Development Corporation • 50% owned by Safe and Green Development Corporation ...
IRS number
871375590
SGD stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
24 Sep 24
S-1/A
IPO registration (amended)
20 Sep 24
PRE 14A
Preliminary proxy
19 Sep 24
8-K
Entry into a Material Definitive Agreement
6 Sep 24
S-1
IPO registration
30 Aug 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
30 Aug 24
D
$10.28 mm in equity / debt / options / securities to be acquired, sold $1.39 mm, 1 investor
22 Aug 24
8-K
Entry into a Material Definitive Agreement
14 Aug 24
10-Q
2024 Q2
Quarterly report
14 Aug 24
8-K
Entry into a Material Definitive Agreement
29 Jul 24
Latest ownership filings
4
Nicolai Ayrton Brune
11 Sep 24
144
Notice of proposed sale of securities
10 Sep 24
144
Notice of proposed sale of securities
6 Sep 24
4
Jeffrey C. Tweedy
20 May 24
4
Alyssa L. Richardson
20 May 24
4
Christopher Melton
20 May 24
4
J. Scott Magrane
20 May 24
4
Paul M. Galvin
20 May 24
4
Peter G. DeMaria
20 May 24
4
Yaniv Blumenfeld
20 May 24
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | |
---|---|---|
Revenue | ||
Cost of revenue | ||
Operating income | ||
Operating margin | ||
Net income | ||
Net profit margin | ||
Cash on hand | ||
Change in cash | ||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 24.24 k | 24.24 k | 24.24 k | 24.24 k | 24.24 k | |
Cash burn (monthly) | 17.77 k | 760.58 | 300.99 k | 434.23 k | 60.37 k | |
Cash used (since last report) | 52.03 k | 2.23 k | 881.51 k | 1.27 mm | 176.80 k | |
Cash remaining | -27.79 k | 22.01 k | -857.27 k | -1.25 mm | -152.57 k | |
Runway (months of cash) | -1.6 | 28.9 | -2.8 | -2.9 | -2.5 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Sep 24 | Nicolai Ayrton Brune | Common Stock | Sell | Dispose S | No | No | 0.2502 | 10,000 | 2.50 k | 145,472 |
9 Sep 24 | Nicolai Ayrton Brune | Common Stock | Sell | Dispose S | No | No | 0.2636 | 12,000 | 3.16 k | 155,472 |
20 May 24 | Blumenfeld Yaniv | Common Stock | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 103,219 |
20 May 24 | Melton Christopher | Common Stock | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 98,568 |
20 May 24 | Galvin Paul M. | Common Stock | Grant | Acquire A | No | No | 0 | 20,000 | 0.00 | 731,693 |
20 May 24 | J. Scott Magrane | Common Stock | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 82,500 |
News
Why Modular Medical Shares Are Trading Higher By Around 29%; Here Are 20 Stocks Moving Premarket
5 Sep 24
Why Xperi Shares Are Trading Higher By Around 12%; Here Are 20 Stocks Moving Premarket
19 Aug 24
Why Safe And Green Development Stock Is Up
14 Aug 24
Safe And Green Development Corp Secures Strategic Investment From Arena Investors, LP And Its Affiliates; The Initial Funding Amount Is $1.38M With The Access To Subsequent Tranches Up To A Total Of $10.27M
14 Aug 24
Safe and Green Development Corp. Expands Portfolio In Texas, Securing 5 Lots For The Initial Phase Of The Development, With Plans To Expand To A Total Of 24 Lots
25 Jul 24
Press releases
SG DEVCO & Resource Group US to Pioneer Climate-Change Friendly Land Development Initiative via Joint Venture
20 Sep 24
Safe and Green Development Corporation to Develop An Eco Friendly Retail Outlet on 18-Acre Property through Joint Venture
4 Sep 24
Safe and Green Development Corporation Expands Portfolio in Texas with Shovel Ready Lots
25 Jul 24
Safe And Green Development Corporation Joins $400M Pigmental Studio Development
22 Jul 24
Safe & Green Holdings Announces Ceo Paul Galvin Elects to Receive Part of 2023 Performance Bonus in Shares
12 Jul 24