---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-086268"
form_type: "8-K"
ticker: "RENX"
cik: "0001959023"
company_name: "RenX Enterprises Corp."
filed_at: "2024-10-08T23:59:59+00:00"
generated_at: "2026-05-30T18:21:09.937987+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SG DevCo effects 1-for-20 reverse stock split on Oct 8 to meet Nasdaq bid price rule

## Summary
- Reverse stock split at 1-for-20 ratio effective 12:01 a.m. ET on October 8, 2024.
- Outstanding shares reduce from ~19M to ~0.95M; no change to authorized shares (50M).
- Fractional shares paid in cash based on 10-day average closing price before effective time.
- Reverse split intended to meet Nasdaq minimum $1.00 bid price requirement for continued listing.
- Trading symbol remains 'SGD'; new CUSIP 78637J204.

## SEC filing metadata
- accession: 0001213900-24-086268
- form_type: 8-K
- ticker: RENX
- cik: 0001959023
- company_name: RenX Enterprises Corp.
- filed_at: 2024-10-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1959023/000121390024086268/0001213900-24-086268-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1959023/000121390024086268/ea0216992-8k_safe.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-086268
- JSON: https://secwatch.observer/filing/0001213900-24-086268.json
- Plain text: https://secwatch.observer/filing/0001213900-24-086268.txt

## Key facts
- Governance Changes
  RenX Enterprises Corp.: Certificate of Amendment to Amended and Restated Certificate of Incorporation to effect a 1-for-20 reverse stock split (effective 2024-10-08).
  - Change: charter amendment
  - Effective: 2024-10-08
  source text: the Company filed a Certificate of Amendment (the “Amendment”) to the Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect the reverse stock split, with an effective time (the “Effective Time”) of 12:01 a.m. Eastern Time on October 8, 2024 (the “Reverse Stock Split”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1959023/000121390024086268/0001213900-24-086268-index.htm

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