Safe & Green Holdings Corp. (NASDAQ: SGBX) announced the adjournment of its 2025 Annual Meeting of Stockholders, originally convened on December 29, 2025, because a quorum of stockholders was not present. No business was conducted at the adjourned meeting. The company will reconvene the meeting virtually on January 14, 2026, at 1:00 p.m. Eastern Time.
At the reconvened meeting, stockholders will vote on the proposals detailed in the company's definitive proxy statement filed with the U.S. Securities and Exchange Commission (SEC) on December 19, 2025. The record date for determining stockholders entitled to vote remains November 21, 2025. Proxies previously submitted will be voted at the reconvened meeting unless properly revoked. The company stated it will continue to solicit proxies from stockholders during the adjournment period. No changes have been made to the proposals or the proxy materials, which remain available for review on the SEC's website.
For business leaders and investors tracking corporate governance and shareholder engagement, this adjournment signals a potential disconnect between the company and its investor base. The failure to achieve a quorum for an annual meeting can raise questions about stockholder participation and communication effectiveness. It necessitates additional corporate resources for continued proxy solicitation, as indicated by the company's statement. The event underscores the importance of robust investor relations strategies, especially for publicly traded companies in the competitive modular construction and green technology sectors where Safe & Green Holdings operates.
The company's definitive proxy statement and related materials are accessible via the SEC's EDGAR database. Additional corporate news and updates from Safe & Green Holdings are available in the company's newsroom at https://nnw.fm/SGBX. The press release announcing the adjournment was distributed by NetworkNewsWire, a financial news and content distribution platform, and the full announcement can be viewed at https://nnw.fm/f5eUd.
