---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-038522"
form_type: "8-K"
ticker: "RENX"
cik: "0001959023"
company_name: "RenX Enterprises Corp."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:18:31.112562+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SGD sells Lago Vista site for $5.825M; amends terms for St. Mary's site sale

## Summary
- Contract to sell Lago Vista (TX) site to Lithe Development for $5.825M; closing after 70-day diligence + 30-day period.
- Amendment for St. Mary's (GA) site: closing dates extended to April 30, May 15, or May 30, 2024; price $1.29M-$1.375M.
- Prior Contribution Agreement with Preserve Acquisitions terminated to pursue Lago Vista sale.

## SEC filing metadata
- accession: 0001213900-24-038522
- form_type: 8-K
- ticker: RENX
- cik: 0001959023
- company_name: RenX Enterprises Corp.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1959023/000121390024038522/0001213900-24-038522-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1959023/000121390024038522/ea0204925-8k_safeand.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-038522
- JSON: https://secwatch.observer/filing/0001213900-24-038522.json
- Plain text: https://secwatch.observer/filing/0001213900-24-038522.txt

## Key facts
- Material Agreements
  RenX Enterprises Corp. amended Amendment with Pigmental, LLC (effective 2024-04-25).
  - Action: amendment
  - Agreement: asset purchase
  - Counterparty: Pigmental, LLC
  - Effective: 2024-04-25
  source text: As of April 25, 2024, Safe and Green Development Corporation (the “Company”) entered into an amendment to the agreement of sale (the “Amendment”) with Pigmental, LLC, a Delaware limited liability company (“Pigmental Studios”), to sell approximately 27 acres of land zoned for a manufacturing facility in St. Mary’s, Georgia (the “St. Mary’s Industrial Site”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1959023/000121390024038522/0001213900-24-038522-index.htm
- Material Agreements
  RenX Enterprises Corp. terminated Contribution Agreement with Preserve Acquisitions, LLC (effective 2024-04-25).
  - Action: termination
  - Counterparty: Preserve Acquisitions, LLC
  - Effective: 2024-04-25
  source text: Prior to entering into the Contract of Sale, the Company notified Preserve of its intention to enter into the Contract of Sale. As a result, on April 25, 2024, the Company received written notice from counsel to Preserve terminating the Contribution Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1959023/000121390024038522/0001213900-24-038522-index.htm
- Material Agreements
  RenX Enterprises Corp. entered into Contract of Sale with Lithe Development Inc. valued at $5.825 million (effective 2024-04-25).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Lithe Development Inc.
  - Value: $5.825 million
  - Effective: 2024-04-25
  source text: On April 25, 2024, the Company entered into a Commercial Contract (the “Contract of Sale”) with Lithe Development Inc., a Texas corporation (“Lithe”), to sell the Company’s approximately 60-acre waterfront Lago Vista site in Lake Travis, Texas (the “Lago Vista Site”) owned by the Company to Lithe for $5.825 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1959023/000121390024038522/0001213900-24-038522-index.htm

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