secwatch.observer — SEC 8-K summary
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Issuer:     RenX Enterprises Corp. (RENX)
CIK:        0001959023
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001213900-24-016128
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Safe and Green closes $250K debenture tranche, amends Peak One deal
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- Second tranche closed: issued 8% convertible debenture at $250K principal, purchased at $225K (10% OID).
- Issued warrant for 125,000 shares at $2.53, plus 35,000 commitment shares to Peak One and its designee.
- Third tranche of $250K may close after April 16, 2024, subject to mutual agreement and conditions.
- Amended registration rights agreement: company must file registration statement within 60 days.
- Maxim Group received $13,500 placement fee for second tranche; $13,500 due on third tranche if closed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1959023/000121390024016128/0001213900-24-016128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1959023/000121390024016128/ea0200459-8k_safeandgrn.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-016128

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