---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-098377"
form_type: "8-K"
ticker: "RENX"
cik: "0001959023"
company_name: "RenX Enterprises Corp."
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:39:49.618511+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Safe and Green Development Q3 net loss $2.34M, revenue $81K; secures $10M Arena investment

## Summary
- GAAP net loss of $2,342,002 on revenue of $81,210 for Q3 2024.
- Adjusted EBITDA loss of $900,881; operating expenses cut by ~$135K post-quarter.
- Secured up to $10M investment from Arena Investors; regained Nasdaq bid-price compliance.
- Started construction on 6 homes in Sugar Phase 1; targets $1.2M JV revenue by Q1 2025.
- Plans to sell St. Mary's property in Q4 2024 to generate near-term revenue.

## SEC filing metadata
- accession: 0001213900-24-098377
- form_type: 8-K
- ticker: RENX
- cik: 0001959023
- company_name: RenX Enterprises Corp.
- filed_at: 2024-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1959023/000121390024098377/0001213900-24-098377-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1959023/000121390024098377/ea0221305-8k_safeandgreen.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-098377
- JSON: https://secwatch.observer/filing/0001213900-24-098377.json
- Plain text: https://secwatch.observer/filing/0001213900-24-098377.txt

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