Summary by Futu AI
Safe and Green Development Corporation has officially requested the withdrawal of its Post-effective Amendment No. 1 to the Registration Statement on Form S-1, initially filed on December 29, 2023. The withdrawal request, submitted to the United States Securities and Exchange Commission (SEC) on January 3, 2024, was made under Rule 477 of the Securities Act of 1933. The reason for the withdrawal is due to a filing error where the amendment was incorrectly tagged as POS AM instead of the correct POS EX. The company has stated its intention to refile the amendment with the correct tagging after the withdrawal is processed. As of the withdrawal notice, no securities have been sold under the initial Registration Statement. Safe and Green Development is awaiting the SEC's order to grant the withdrawal and has provided contact details for further communication.