Summary by Futu AI
Safe & Green Development Corporation (SG DevCo), a Delaware-based company, has filed a registration statement with the Securities and Exchange Commission (SEC) on June 3, 2024. The filing pertains to the registration of 6,266,818 shares of common stock for resale, which includes shares issuable upon conversion of two 8% convertible debentures and upon the exercise of warrants, as well as shares that may be sold pursuant to an Equity Purchase Agreement with Peak One Opportunity Fund, L.P. (Peak One) and Peak One Investments, LLC. The shares are to be sold by the Selling Stockholders, which may include Peak One and Peak One Investments, through various methods such as block trades, private transactions, or on the Nasdaq Capital Market where the stock is listed...Show More