secwatch.observer — SEC 8-K summary
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Issuer:     RenX Enterprises Corp. (RENX)
CIK:        0001959023
Form:       8-K
Filed at:   2024-05-15T23:59:59+00:00
Accession:  0001213900-24-043226
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SG DevCo Q1 net loss $3.07M, revenue $49,816; targets $1M Q2 from St Mary's sale
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- Revenue of $49,816; GAAP net loss of ($3,067,671); Adjusted EBITDA of ($432,004).
- Executed contract to sell St Mary's property for $1.35M, expected to close in Q2, targeting ~$1M revenue.
- Acquired XENE real estate AI software and securing financing for Norman Berry expansion in Atlanta.
- Scheduled close of MyVONIA AI assistant acquisition in Q2 2024.
- Targeting 200 XENE subscribers to build predictable revenue stream.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1959023/000121390024043226/0001213900-24-043226-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1959023/000121390024043226/ea0206155-8k_safegreen.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-043226

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer