Summary by Futu AI
Safe & Green Development Corporation, a Delaware-based company, filed Post-Effective Amendment No. 1 to its Form S-1 Registration Statement with the Securities and Exchange Commission (SEC) on January 3, 2024. The amendment, which was originally declared effective on December 27, 2023, includes a modified version of Exhibit 5.1. This filing does not alter any part of the original Registration Statement except for supplementing Item 16 of Part II. The updated Registration Statement became effective upon filing in accordance with Rule 462(d) under the Securities Act of 1933. The company's CEO, David Villarreal, along with other executives and directors, signed the amendment, indicating their authorization. The amendment is intended to facilitate the proposed sale of securities to the public as soon as practicable after the effective date.