Shareholders approve doubling authorized shares to 100M and 20%+ stock issuance to Arena investors

RenX Enterprises Corp.

Authorized shares increased from 50M to 100M; vote: 10,531,618 For, 1,059,827 Against.
Approved issuance of 20%+ of outstanding common stock (as of Aug 12, 2024) to Arena Investors under securities purchase agreement with debentures and warrants.
Approved similar issuance to Arena Business Solutions Global SPC II under private equity line purchase agreement, including commitment fee shares.
Adjournment proposal approved (10.7M For) but board determined not needed; all proposals passed.

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