On November 4, 2024, Safe & Green Development Corporation held a special meeting where stockholders voted on four key proposals. The first proposal, which passed, was to double the authorized shares of common stock from 50 million to 100 million. The second and third proposals, both approved, involved the issuance of more than 20% of the company's common stock as of August 12, 2024, under agreements with Arena Investors and Arena Business Solutions Global SPC II, LTD, respectively. These issuances are related to a securities purchase agreement and a private equity line purchase agreement, including the conversion of debentures and exercise of warrants. The fourth proposal, which also passed, allowed for the adjournment of the meeting to a later date if necessary to solicit more votes. However, the Board of Directors found no need for adjournment. The detailed results of the voting were disclosed, with the majority of stockholders voting in favor of all proposals.

On November 4, 2024, Safe & Green Development Corporation held a special meeting where stockholders voted on four key proposals. The first proposal, which passed, was to double the authorized shares of common stock from 50 million to 100 million. The second and third proposals, both approved, involved the issuance of more than 20% of the company's common stock as of August 12, 2024, under agreements with Arena Investors and Arena Business Solutions Global SPC II, LTD, respectively. These issuances are related to a securities purchase agreement and a private equity line purchase agreement, including the conversion of debentures and exercise of warrants. The fourth proposal, which also passed, allowed for the adjournment of the meeting to a later date if necessary to solicit more votes. However, the Board of Directors found no need for adjournment. The detailed results of the voting were disclosed, with the majority of stockholders voting in favor of all proposals.