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The latest announcement is out from Sg Blocks ( (SGBX) ).
On August 25, 2025, Safe & Green Holdings Corp. held a special meeting where stockholders voted on three proposals. The first proposal, which was approved, grants the board of directors the authority to execute a reverse stock split within a specified range. The second proposal, also approved, allows for the issuance of Conversion Shares in compliance with Nasdaq rules. The third proposal, concerning the adjournment of the meeting, was approved but deemed unnecessary as the first two proposals had already passed.
The most recent analyst rating on (SGBX) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Sg Blocks stock, see the SGBX Stock Forecast page.
Spark’s Take on SGBX Stock
According to Spark, TipRanks’ AI Analyst, SGBX is a Underperform.
The overall stock score is heavily impacted by the company’s poor financial performance, with declining revenues and significant losses. Technical analysis further supports a bearish outlook, with the stock trading below key moving averages and showing weak momentum. Valuation metrics are unattractive due to negative earnings and lack of dividends. While corporate events suggest potential strategic growth, the risk of Nasdaq delisting remains a critical concern.
To see Spark’s full report on SGBX stock, click here.
More about Sg Blocks
Average Trading Volume: 29,002,867
Technical Sentiment Signal: Sell
Current Market Cap: $5.95M
Find detailed analytics on SGBX stock on TipRanks’ Stock Analysis page.