UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07. Submission of Matters to a Vote of Security Holders.
On July 14, 2023, Safe & Green Holdings Corp. (the “Company”), convened its Special Meeting of Stockholders (the “Special Meeting”). The purpose of the Special Meeting was described in the Company’s definitive Proxy Statement filed with the Securities and Exchange Commission on June 14, 2023 (the “Proxy Statement”).
As of June 9, 2023, the record date of the Special Meeting, there were 15,935,009 issued and outstanding shares of common stock entitled to vote at the Special Meeting. Present in person or by proxy at the Special Meeting were more than one-third of the issued and outstanding capital stock entitled to vote at the Special Meeting, which constituted a quorum.
The final voting results for Proposal No. 2, as described in the Proxy Statement, are set forth below.
Proposal No. 2: The adjournment of the Special Meeting to a later date or dates, if necessary or appropriate, to solicit additional proxies if there are not sufficient votes to adopt Proposal No. 1 (the “Adjournment Proposal”). The proposal was approved by a vote of stockholders as follows:
Proposal 2. Adjournment Proposal.
Votes For | Votes Against | Abstentions | Broker Non-Votes | |||||
9,137,948 | 1,181,870 | 41,952 |
In accordance with the authority granted pursuant to Proposal No. 2, the Special Meeting was adjourned in order to allow additional time for stockholders to vote on Proposal No. 1 as described in the Proxy Statement, which is to are, respectively, to approve the proposed amendment to the Company’s Amended and Restated Certificate of Incorporation, as amended, to increase the number of authorized shares of its common stock from 25,000,000 to 75,000,000 and decrease the par value of its authorized shares of preferred stock from $1.00 per share to $0.01 per share. The adjourned Special Meeting will be reconvened at 10:00 a.m. Eastern Time on July 31, 2023, at the New York City office of Blank Rome LLP, 1271 Avenue of the Americas, 17th Floor, New York, New York 10020.
The record date for the Special Meeting remains June 9, 2023. Stockholders of the Company who have previously submitted their proxy or otherwise voted and who do not want to change their vote do not need to take any action.
No changes have been made in the proposals to be voted on by stockholders at the Special Meeting. The Company strongly encourages all of its stockholders to read the Company’s definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission (the “SEC”) on June 14, 2023 (the “Proxy Statement”) and other proxy materials relating to the Special Meeting, which are available free of charge on the SEC’s website at martial.
During the current adjournment, the Company will continue to solicit votes from its stockholders with respect to Proposal 1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The following exhibits are filed with this Current Report on Form 8-K:
Exhibit Number |
Exhibit Description | |
104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within in the inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
SAFE & GREEN HOLDINGS CORP. | |||
Dated: July 20, 2023 | By: | /s/ Paul Galvin | |
Name: | Paul Galvin | ||
Title: | Chairman and Chief Executive Officer |
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