Safe & Green Holdings Completes Strategic Shift to Integrated Energy Enterprise with 2025 Stockholder Meeting

Safe & Green Holdings Corp. has scheduled its 2025 Annual Meeting of Stockholders for December 29, 2025, with a record date of November 21, marking the completion of the company's strategic transformation into an integrated energy enterprise. The Texas-based holding company is formally shifting away from its modular construction roots to focus entirely on energy operations through its Olenox division, which encompasses oil, gas, services, and technology operations.

This fundamental repositioning comes as the company finalizes the second phase of its Olenox–Safe & Green merger, with shareholders set to vote on enabling former shareholders of New Asia Holdings Corp. to convert their non-voting preferred shares into common stock. The December 29 annual meeting represents the culmination of the company's strategic repositioning, with the shareholder vote on preferred share conversion serving as the final step in fully integrating the Olenox operations into Safe & Green's corporate structure.

The company's strategic shift aligns with growing national attention on U.S. energy independence, particularly amid rising energy demands from data centers, artificial intelligence infrastructure, and domestic industrial expansion. Olenox is launching an aggressive drilling program beginning in the fourth quarter of 2025, with ambitious production targets of reaching 1,000 barrels of oil equivalent per day by the end of 2026. This expansion represents a significant scaling of operations that could position the company as a meaningful contributor to domestic energy production at a time when reliable energy sources are increasingly critical to national infrastructure and economic stability.

Beyond traditional energy production, Safe & Green is expanding its digital capabilities through strategic partnerships that enhance its technological footprint. The company has partnered with Machfu for industrial Internet of Things systems and with OneQode for high-reliability communications infrastructure, indicating a comprehensive approach to modern energy operations that integrates advanced monitoring, data analytics, and secure communications. These technological enhancements are expected to improve operational efficiency and provide competitive advantages in an increasingly digital energy landscape where real-time data and connectivity are becoming essential components of successful energy operations.

Stockholders of record as of November 21 will determine the outcome of this critical vote, which will complete the merger process that began with the initial combination of Olenox and Safe & Green. The company's latest developments and strategic updates are available through its corporate communications channels, including detailed information accessible at https://ibn.fm/SGBX. This transformation from a modular construction company to an integrated energy enterprise reflects broader industry trends toward consolidation and vertical integration in the energy sector, particularly as companies seek to capitalize on the growing emphasis on domestic energy security and the technological modernization of energy infrastructure.