SCHEDULE 13G: Arena Investors Discloses 7.3% Passive Stake in Safe and Green Development Corporation
Beneficial Ownership Disclosure
Arena Investors, LP and its affiliated entities have filed a Schedule 13G, reporting a collective beneficial ownership of 7.3% of Safe and Green Development Corporation's common stock as of January 30, 2025.
Summary
- Arena Investors, LP, along with its general partner and various special opportunities funds and business solutions entities, collectively referred to as the 'Reporting Persons', have filed a Schedule 13G.
- The filing indicates that the Reporting Persons beneficially own 131,406 shares of Common Stock of Safe and Green Development Corporation, representing 7.3% of the class.
- The beneficial ownership is primarily held by Arena Investors, LP and Arena Investors GP, LLC, which may be deemed to beneficially own shares held by the underlying Arena Funds and Arena Global.
- The percentage of beneficial ownership is calculated based on an adjusted total of 1,810,496 shares of Common Stock outstanding, which accounts for shares reported by the Issuer as of November 26, 2024, shares transferred back to the Issuer on January 29, 2025, and shares issued from derivative exercises by the Reporting Persons.
- The Reporting Persons certify that the securities were acquired and are held for passive investment purposes and not for the purpose of changing or influencing the control of Safe and Green Development Corporation.
Sentiment
Score: 5
Explanation: The document is a factual regulatory filing (Schedule 13G) indicating a passive investment. It contains no positive or negative forward-looking statements or performance metrics, thus maintaining a neutral sentiment.
Future Outlook
NA
Industry Context
This filing is a standard regulatory disclosure for institutional investors crossing a 5% beneficial ownership threshold in a publicly traded company. It does not provide insights into broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, confirming a passive investment stance by Arena Investors.
Key Dates
| Date | Description |
|---|---|
| 2024-11-26 | Date of Issuer's Prospectus reporting 1,486,872 shares of Common Stock outstanding. |
| 2025-01-29 | Date 276,425 shares of Common Stock were transferred back to the Issuer, as reported in Form 8-K. |
| 2025-01-30 | Date of event which requires the filing of this Schedule 13G, and the date as of which beneficial ownership is reported. |
| 2025-02-27 | Date the Schedule 13G and Joint Filing Agreement were executed. |
Keywords
Safe and Green Development Corporation, Arena Investors, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Passive Investment
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