Safe and Green Development amends ELOC agreement, issues pre-funded warrant for 83,333 shares to Arena Global

RenX Enterprises Corp.

On November 15, 2024, Safe and Green Development and Arena Global entered into Amendment No. 2 to the Purchase Agreement.
The amendment accelerates issuance of Second Tranche Commitment Fee Shares, including a pre-funded warrant for 83,333 shares at $0.01 per share.
The amendment includes a true-up provision if the value of the Second Tranche Commitment Fee Shares is less than $250,000.
The amendment adjusts for a 1-for-20 reverse stock split effected on October 8, 2024.

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