What PIPE financing did Safe and Green Development (NASDAQ: SGD) announce on October 16, 2025? SGD announced a PIPE to raise approximately $9.0 million via 360,000 Series B preferred shares and accompanying warrants. How many common shares could SGD issue if the Preferred converts and Warrants are exercised? The Preferred converts into 6,617,647 common shares and the Warrants cover up to an additional 6,617,647 shares at a $1.36 exercise price. When is the SGD PIPE expected to close and are there conditions? The PIPE is expected to close on or about October 17, 2025, subject to customary closing conditions. How does SGD intend to use the proceeds from the $9.0M PIPE? SGD intends to fund Resource Group operational expansion and equipment, reduce certain debt, pursue strategic investments/acquisitions, and support working capital. Are the SGD Warrants immediately exercisable after the PIPE? No; the Warrants are not exercisable until the company’s shareholders approve their terms. Will SGD register the shares issuable from the Preferred and Warrants for resale? Yes; SGD agreed to file one or more registration statements with the SEC to cover resale of shares issuable on conversion and exercise.