Safe and Green Development Corporation Sells St Mary's for $1.4M
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Safe and Green Development Corporation (NASDAQ: SGD) has sold its St Mary's Property to Pigmental Studios for $1.4 million, realizing approximately $1.1 million in net proceeds.
November 20, 2024 | 2:15 pm
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POSITIVE IMPACT
Safe and Green Development Corporation has successfully sold its St Mary's Property for $1.4 million, resulting in net proceeds of $1.1 million. This transaction may positively impact the company's financial position.
The sale of the St Mary's Property for $1.4 million, with net proceeds of $1.1 million, strengthens SGD's financial position. This transaction is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100