Safe and Green Development Corporation (NasdaqCM:SGD) entered into an agreement to acquire MyVONIA for $0.25 million on May 6, 2024. Under the terms of the agreement, the purchase price will consist of up to 500,000 shares of SGD restricted common stock, 200,000 shares will be issued at closing and up to 300,000 shares will be earned and issued if certain milestones are achieved. SGD plans to integrate MyVONIA into its Xene AI Platform real estate platform.

The transaction is subject to certain closing conditions. Closing is expected during the second quarter of 2024.