On August 26, 2024, Safe and Green Development Corporation received a notification from Nasdaq indicating non-compliance with the Listing Rule 5550(b)(1) due to stockholders' equity falling below the required minimum of $2.5 million. The company reported equity of $2,018,263 as of June 30, 2024. This notification does not immediately affect its listing, provided other requirements are met. Safe and Green Development must submit a Compliance Plan by October 10, 2024, to regain compliance and may receive up to 180 days to do so. Failure to comply could lead to a hearing before Nasdaq's Hearing Panel. This issue is in addition to a previous notice received on April 25, 2024, regarding the company's stock not maintaining the minimum bid price requirement.

On August 26, 2024, Safe and Green Development Corporation received a notification from Nasdaq indicating non-compliance with the Listing Rule 5550(b)(1) due to stockholders' equity falling below the required minimum of $2.5 million. The company reported equity of $2,018,263 as of June 30, 2024. This notification does not immediately affect its listing, provided other requirements are met. Safe and Green Development must submit a Compliance Plan by October 10, 2024, to regain compliance and may receive up to 180 days to do so. Failure to comply could lead to a hearing before Nasdaq's Hearing Panel. This issue is in addition to a previous notice received on April 25, 2024, regarding the company's stock not maintaining the minimum bid price requirement.