secwatch.observer — SEC 8-K summary
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Issuer:     RenX Enterprises Corp. (RENX)
CIK:        0001959023
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001213900-24-094620
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Safe and Green amends MWH acquisition terms; cash consideration $154,675 and 500K shares
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- Amendment dated Nov 4, 2024 revises total consideration to 500,000 shares (pre-split) and $154,675 cash.
- 68.25% of MWH membership interests already transferred; remaining 31.75% to transfer by Dec 1, 2024.
- Promissory notes of $337,226.29 owed to three members will be cancelled on Dec 1, 2024.
- Cash consideration paid in installments: amounts under $5K paid by Oct 30, 2024; 50% over $5K paid, remainder by Dec 1, 2024.
- Vikash Jain to receive $60,000 in 12 monthly installments of $5,000.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1959023/000121390024094620/0001213900-24-094620-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1959023/000121390024094620/ea0220019-8k_safe.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-094620

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