Safe & Green Holdings Corp. Adjourns 2025 Annual Meeting, Sets Virtual Reconvened Date for January 2026

Safe & Green Holdings Corp. (NASDAQ: SGBX) announced that its 2025 Annual Meeting of Stockholders, originally convened on December 29, 2025, was adjourned because a quorum was not present. No business was conducted during the initial meeting. The company will reconvene the meeting virtually on January 14, 2026, at 1:00 p.m. Eastern Time. At that time, stockholders will vote on the proposals detailed in the company's definitive proxy statement, which was filed with the U.S. Securities and Exchange Commission 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 they are properly revoked. The company stated it will continue soliciting proxies from stockholders during the adjournment period. No changes have been made to the proposals or the proxy materials. These materials remain available for review on the SEC's website. The adjournment underscores a fundamental challenge in corporate governance: ensuring sufficient stockholder participation to conduct official business. For a publicly traded company like Safe & Green Holdings, the inability to achieve a quorum at a scheduled annual meeting can delay critical corporate actions, including the election of directors and approval of other proposals essential for ongoing operations and strategic direction. This situation places emphasis on the company's ongoing proxy solicitation efforts to engage its investor base. The virtual format for the reconvened meeting, set for January 14, 2026, reflects a continued trend toward digital shareholder engagement, which can potentially increase accessibility for geographically dispersed investors. The company's definitive proxy statement, containing the proposals for stockholder vote, is accessible via the SEC's EDGAR database. Investors can find more information and the latest updates relating to SGBX in the company's newsroom. The adjournment and rescheduling process is governed by corporate bylaws and state law, requiring clear communication to stockholders about the new date and procedures. The fact that previously submitted proxies will remain valid unless revoked provides continuity in the voting process but also highlights the importance of stockholders reviewing their voting instructions. The lack of a quorum at the initial meeting may signal broader issues with stockholder engagement or awareness, which the company must address during the extended solicitation period. The outcome of the votes at the reconvened meeting will be significant for the company's governance and future trajectory. The event serves as a reminder of the procedural mechanics underlying corporate democracy and the critical role of stockholder participation in shaping corporate policy.