On February 2 Paul Galvin, Chairman and CEO of Safe & Green Holdings issued the following letter to stockholders. "This communication is to update you regarding the on-going situation pertaining to shareholder reporting non-compliance. We are aware of an investor who voted 693,600 shares at the Annual Shareholder Meeting without being in compliance with regulatory reporting requirements. The shareholder voted over 5% of the Company without filing any Section 13 Reports. ..Despite our best efforts, they have not filed to date and we believe continue to be active in the stock. Hence, adding additional non-compliance and violations of law each time. At this time, we have exhausted our efforts in this area. It is a regulatory matter and thus out of our hands."
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Published first on TheFly
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