---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-041913"
form_type: "8-K"
ticker: "RENX"
cik: "0001959023"
company_name: "RenX Enterprises Corp."
filed_at: "2024-05-13T23:59:59+00:00"
generated_at: "2026-06-02T02:50:44.154829+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Safe and Green Development acquires MyVONIA AI assistant for up to 500,000 shares

## Summary
- Acquires MyVONIA AI assistant assets from Dr. Axely Congress for up to 500,000 SGD restricted shares.
- 200,000 shares issued at closing; up to 300,000 additional shares tied to performance milestones.
- Closing expected in Q2 2024; MyVONIA uses NLP/ML for conversational AI via text.
- MyVONIA to be integrated into SG DevCo's Xene AI real estate platform.
- Annual Meeting set for July 2, 2024; stockholder proposals due by May 23, 2024.

## SEC filing metadata
- accession: 0001213900-24-041913
- form_type: 8-K
- ticker: RENX
- cik: 0001959023
- company_name: RenX Enterprises Corp.
- filed_at: 2024-05-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1959023/000121390024041913/0001213900-24-041913-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1959023/000121390024041913/ea0205539-8k_safegreen.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-041913
- JSON: https://secwatch.observer/filing/0001213900-24-041913.json
- Plain text: https://secwatch.observer/filing/0001213900-24-041913.txt

## Key facts
- Material Agreements
  RenX Enterprises Corp. entered into Asset Purchase Agreement with Dr. Axely Congress valued at up to 500,000 shares of the Company’s common stock (effective 2024-05-07).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Dr. Axely Congress
  - Value: up to 500,000 shares of the Company’s common stock
  - Effective: 2024-05-07
  source text: On May 7, 2024, Safe and Green Development Corporation (the “Company”) entered into an Asset Purchase Agreement (the “APA”) with Dr. Axely Congress (the “Seller”) to purchase all of the assets related to the A.I technology known as My Virtual Online Intelligent Assistant (“MyVONIA”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1959023/000121390024041913/0001213900-24-041913-index.htm

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