SG Blocks Changes Name To Safe & Green Holdings

SG Blocks Inc SGBX has changed its name to Safe & Green Holdings Corp.
The new name, logo, and branding elements is introduced to better reflect Safe & Green Holdings' position as a developer, designer, and fabricator of modular structures.
The company's common stock will continue to trade on the Nasdaq Stock Market under its current ticker symbol SGBX.
"We are focused on providing long term sustainable shareholder value and have established, and are continuing to advance, various strategic initiatives to distinguish the various verticals we have built over the years under the Safe & Green Holdings umbrella," said CEO Paul Galvin.
The company, founded in 2007, has evolved into a modular solutions company that prioritizes sustainability and inventive, state-of-the-art building practices.
Price Action: SGBX shares are trading higher by 5.08% at $1.24 on the last check Thursday.