Brief: Safe And Green Development Corporation Announces Update On Loi For Acquisition Of Xene Real Estate AI Software

Olenox Industries

04/01/2024 14:06

Jan 4 (Reuters) - Safe & Green Holdings Corp  SGBX.O :
    * SAFE AND GREEN DEVELOPMENT CORPORATION ANNOUNCES UPDATE ON
LOI
FOR ACQUISITION OF XENE REAL ESTATE AI SOFTWARE
    * AFTER CONDUCTING INITIAL DUE DILIGENCE, NEGOTIATED
COMPLETE
ACQUISITION OF XENE PLATFORM ALONG WITH PARENT COMPANY MWH
    * WILL LOOK TO COMPLETE ACQUISITION BY END OF Q1 SUBJECT TO
FINAL
APPROVAL BY BOARD OF DIRECTORS

Source text for Eikon:  ID:nGNXJkcHk 
Further company coverage:  SGBX.O 

 ((Reuters.Briefs@thomsonreuters.com;))