Summary by Futu AI
Safe & Green Development Corp, a company operating in the United States, has been informed by the Securities and Exchange Commission (SEC) that its registration statement on Form S-1, filed on April 9, 2024, will not be reviewed. The SEC's communication, dated April 16, 2024, was addressed to David Villarreal, the Chief Executive Officer of Safe & Green Development Corp. The SEC's letter reminded the company and its management of their responsibility for the accuracy and adequacy of their disclosures, irrespective of the SEC's review process. The SEC also referenced Rules 460 and 461, which pertain to requests for acceleration of the registration process. Ronald E. Alper, a contact person at the SEC, was mentioned for any further inquiries.