Safe & Green announces equity line of credit with Alumni Capital

Safe & Green Holdings has entered into a Securities Purchase Agreement with Alumni Capital, establishing an equity line of credit. The company said, “This agreement provides the Company with a flexible funding mechanism to support its strategic growth initiatives while minimizing dilution to existing shareholders. The funding aligns with Safe & Green’s commitment to utilizing capital in a prudent manner, with a focus on highly accretive projects that drive long-term shareholder value. The structure of the ELOC ensures that the Company retains full control over the timing and amount of any equity sales, thereby providing financial stability and strategic flexibility.”