---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-092045"
form_type: "8-K"
ticker: "RENX"
cik: "0001959023"
company_name: "RenX Enterprises Corp."
filed_at: "2023-12-01T23:59:59+00:00"
generated_at: "2026-06-07T19:36:42.231018+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SGD enters $1.2M convertible debenture and $10M equity purchase agreement with Peak One

## Summary
- Issued $700K first-tranche 8% convertible debenture to Peak One; purchase price $630K after 10% OID.
- Also issued warrant to buy 350K shares at $2.53, five-year term.
- Second tranche of $500K debenture may close after Jan 29, 2024, subject to mutual agreement.
- Entered separate $10M equity purchase agreement; Peak One buys common at 97% of market price.
- Issued 100K commitment shares to Peak One; registration rights filed with SEC within 45 days.

## SEC filing metadata
- accession: 0001213900-23-092045
- form_type: 8-K
- ticker: RENX
- cik: 0001959023
- company_name: RenX Enterprises Corp.
- filed_at: 2023-12-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1959023/000121390023092045/0001213900-23-092045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1959023/000121390023092045/ea189334-8k_safeandgreen.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-092045
- JSON: https://secwatch.observer/filing/0001213900-23-092045.json
- Plain text: https://secwatch.observer/filing/0001213900-23-092045.txt

## Key facts
- Debt Financings
  RenX Enterprises Corp. incurred convertible notes of $700,000.00 with Peak One Opportunity Fund, L.P. at 8% per annum maturing twelve months from its date of issuance.
  - Instrument: convertible notes
  - Principal: $700,000.00
  - Counterparty: Peak One Opportunity Fund, L.P.
  - Rate: 8% per annum
  - Maturity: twelve months from its date of issuance
  - Event: incurrence
  source text: On November 30, 2023, Safe and Green Development Corporation (the “Company”) entered into a Securities Purchase Agreement, dated November 30, 2023 (the “Purchase Agreement”) with Peak One Opportunity Fund, L.P. (“Peak One”), pursuant to which the Company agreed to issue, in a private placement offering (the “Offering”) upon the satisfaction of certain conditions specified in the Purchase Agreement, two Debentures to Peak One in the aggregate principal amount of $1,200,000. The closing of the first tranche was consummated on November 30, 2023 and the Company issued an 8% convertible debenture in principal amount of Seven Hundred Thousand Dollars ($700,000.00) (the “Debenture”) to Peak One
  evidence_url: https://www.sec.gov/Archives/edgar/data/1959023/000121390023092045/0001213900-23-092045-index.htm
- Material Agreements
  RenX Enterprises Corp. entered into Securities Purchase Agreement with Peak One Opportunity Fund, L.P. valued at aggregate principal amount of $1,200,000 (effective 2023-11-30).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Peak One Opportunity Fund, L.P.
  - Value: aggregate principal amount of $1,200,000
  - Effective: 2023-11-30
  source text: On November 30, 2023, Safe and Green Development Corporation (the “Company”) entered into a Securities Purchase Agreement, dated November 30, 2023 (the “Purchase Agreement”) with Peak One Opportunity Fund, L.P. (“Peak One”), pursuant to which the Company agreed to issue, in a private placement offering (the “Offering”) upon the satisfaction of certain conditions specified in the Purchase Agreement, two Debentures to Peak One in the aggregate principal amount of $1,200,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1959023/000121390023092045/0001213900-23-092045-index.htm
- Material Agreements
  RenX Enterprises Corp. entered into Equity Purchase Agreement with Peak One Opportunity Fund, L.P. valued at up to $10,000,000.00 (effective 2023-11-30).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Peak One Opportunity Fund, L.P.
  - Value: up to $10,000,000.00
  - Effective: 2023-11-30
  source text: On November 30, 2023, the Company also entered into an Equity Purchase Agreement (the “EP Agreement”) and related Registration Rights Agreement (the “Rights Agreement”) with Peak One, pursuant to which the Company shall have the right, but not the obligation, to direct Peak One to purchase up to $10,000,000.00 (the “Maximum Commitment Amount”) in shares of the Company’s common stock in multiple tranches upon satisfaction of certain terms and conditions contained in the EP Agreement and Rights Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1959023/000121390023092045/0001213900-23-092045-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.