Safe and Green Development Corp Provides Quarterly Business Update - Seite 2

More information about SG DevCo can be found at www.sgdevco.com.

Safe Harbor Statement

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances and include statements regarding providing shareholder updates shortly after the end of each fiscal quarter, communicating to the Company’s shareholders as often as possible, continuing to be opportunistic and creative in the Company’s strategies to monetize its current asset base, announcing the public launch of Xene Home platform shortly, the Xene Home platform providing value to subscriber members, the platform generating recurring revenue throughout the second quarter, generating additional revenue streams through services such as home warranty, home insurance and mortgage financing, there being a clear alignment between the Xene Home platform and the Company’s future real estate development opportunities, using the Xene Home website and network to market the Company’s future projects and units, continuing to keep an eye on the technological landscape and taking advantage of future opportunities to increase the Company’s presence and foothold in the industry and creating a sustainable business with a solid asset base and diversified streams of revenue from both development and technology, decentralizing the real estate marketplace and creating an all-in-one solution that brings banks, institutions, home builders, clients, agents, vendors, gig workers, and insurers into a seamlessly integrated and structured AI-driven environment. Actual events or results may differ materially from those projected in any of such statements due to various factors, including the Company’s ability to monetize its real estate holdings, the Company’s ability to launch the Xene Home platform as planned, the Company’s ability to attract customers, real estate agents, lawyers, accountants and title companies to join the Xene Home platform, and the other factors discussed in the Company’s Form 10 registration statement and its subsequent filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement and Safe and Green Development Corporation undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.