Safe & Green receives extension from Nasdaq to maintain listing

Safe & Green received notice from The Nasdaq Stock Market granting the Company an extension to regain compliance with Nasdaq’s continued listing requirements. The Nasdaq Hearings Panel acknowledged the significant progress Safe & Green has made toward completing its previously announced reverse stock split and granted the Company additional time to finalize the process. Under the terms of the extension, Safe & Green must complete the reverse stock split and demonstrate a minimum bid price of at least $1.00 per share for ten consecutive trading sessions by September 22, 2025.