other material
confidence high
sentiment neutral
materiality 0.80
Safe and Green Development spin-off from SG Holdings scheduled Sept 27; stock to list on Nasdaq
RenX Enterprises Corp.
- Distribution of ~30% of SGD shares to SG Holdings holders; record date Sept 8, ratio 0.930886 SGD per 5 SG Holdings shares.
- SEC declared Registration Statement effective Sept 18; distribution expected Sept 27, 2023.
- When-issued trading begins Sept 19; regular-way trading on Nasdaq under ticker SGD starts Sept 28.
- Amended and restated certificate of incorporation and bylaws filed effective Sept 13/15, 2023.