Safe & Green Holdings Corp Files Resale From Time To Time By Selling Stockholder Of Up To 4.3M Shares Of Common Stock
Portfolio Pulse from Benzinga Newsdesk
Safe & Green Holdings Corp has filed an SEC document for the resale of up to 4.3 million shares of common stock by a selling stockholder.
May 17, 2024 | 8:19 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Safe & Green Holdings Corp has filed an SEC document for the resale of up to 4.3 million shares of common stock by a selling stockholder. This could lead to increased stock volatility and potential downward pressure on the stock price due to the increased supply of shares in the market.
The resale of a large number of shares can lead to increased supply in the market, which may result in downward pressure on the stock price. Investors might react negatively to the potential dilution and increased volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100