Orion Group terminates $34M land sale with Brixx; new term sheet for Q3 2024 close

Orion Group Holdings Inc

Brixx Technologies terminated the Land Sale Contract on June 14, 2024, for 341.3 acres in Harris County, TX, at a $34M purchase price.
Orion promptly entered a new term sheet with a prospective buyer, targeting Q3 2024 closing subject to customary conditions.
No assurance that the property sale will be consummated within that timeframe or at all.

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