Every material Form 8-K RenX Enterprises Corp. has filed with the SEC since August 21, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
RenX Enterprises exchanged $1,022,971.22 of principal and accrued interest under a February 12, 2026 senior convertible note for a new senior convertible note of $1,037,283.93 and a warrant to buy 644,944 shares, both issued November 2, 2026. The new note carries 10% interest and a 12-month maturity, and it can convert at $2.895 per share, with a possible alternate conversion price tied to a $0.534 floor once stockholders approve, which could add substantial share issuance for existing holders.
Exchanged $1,022,971.22 of the February 12, 2026 note for a new note of $1,037,283.93, equal to 110% of the prior note's outstanding principal.
New note bears 10% interest, matures in 12 months, and has an initial conversion price of $2.895 per share.
Alternate conversion, available after stockholder approval, is priced at the greater of a $0.534 floor and 92% of the lowest 10-day VWAP.
Warrant has a $2.67 exercise price and a six-year term; default interest rises to 18% per annum if an event of default occurs.
On September 30, 2026, RenX Enterprises agreed to cancel $1,446,774.32 of debt owed to James D. Burnham, a current Director of Growth & M&A and former director, in exchange for 1,441 shares of Series D Convertible Preferred Stock and a warrant. The Series D Preferred carries a 150% liquidation preference and can convert into up to 960,666 common shares at the floor price, so the deal removes debt but adds potential dilution and a senior claim for shareholders.
Debt of $1,446,774.32 under a June 2, 2025 promissory note was cancelled in exchange for 1,441 preferred shares and a warrant.
Preferred converts at an initial $2.895 per share into 497,754 common shares; the warrant covers 124,438 common shares at $2.895 with a five-year term.
Full conversion at the $1.50 floor price could issue up to 960,666 common shares, subject to stockholder approval where Nasdaq rules require it.
Preferred dividends accrue at 8% per year, rising to 9% if not paid in cash; the Certificate of Designation was filed October 2, 2026.
On August 26, 2026, RenX Enterprises sold $5,662,716.07 in second senior convertible notes and second warrants in a private placement, with net proceeds of about $5.4 million after fees. The company used the proceeds to repay its February notes at 110% of their outstanding principal, and amended the related agreements to change registration deadlines and liquidated damages terms. The filing shows added debt and potential dilution from conversion and warrant shares, though it does not state a financial result.
Second Notes principal of $5,662,716.07 issued August 26, 2026; net proceeds of about $5.4 million
Up to 11,664,772 shares issuable on conversion at the Floor Price, and 3,520,859 shares under Second Warrants
Proceeds used to repay February Notes at 110% of outstanding principal
Second Registration Statement due 15th calendar day after the Second Closing Date
RenX Enterprises Corp. disclosed that its 50%-owned Norman Berry II Owner, LLC agreed on August 17, 2026 to sell an approximately 7.7-acre property in East Point, Georgia, for $2.6 million to Arbour Valley Development, LLC. Closing depends on conditions including the purchaser receiving state tax credit allocations and obtaining financing, and the company says there is no assurance the sale will close. If it closes as expected, about $800,000 would repay two notes the company holds against the property, and the company's 50% share of the remaining proceeds is expected to be about $900,000.
Purchase price is $2.6 million; the agreement is effective August 17, 2026.
Earnest money deposits of $60,000 each are payable under the agreement, and the sale terminates if the purchaser does not obtain the tax credit allocation it requested.
Purchaser must notify the seller by September 25, 2026 if it will not submit a state application, and has 180 days after the application period to secure financing.
Expected closing proceeds: about $800,000 to repay two notes; about $1.8 million remaining, with RenX's 50% share about $900,000.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every RenX Enterprises Corp. filing is on SEC EDGAR ↗. 8-K briefs of other companies →