---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-009414"
form_type: "8-K"
ticker: "RENX"
cik: "0001959023"
company_name: "RenX Enterprises Corp."
filed_at: "2025-02-03T23:59:59+00:00"
generated_at: "2026-05-27T04:10:30.543334+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# SGD enters mutual release with SGBX, forgiving $1.72M debt for 276,425 shares and $394K cancellation

## Summary
- SGD forgave a $908,322.95 promissory note and $815,522 of inter-company advances to SGBX.
- SGBX cancelled $394,329 of debt owed by SGD and returned 276,425 shares of SGD common stock.
- Returned shares to be held in treasury; SGBX will no longer be a stockholder of SGD.
- The forgiven amounts had already been written off SGD's balance sheet as of Dec 31, 2023; no cash changed hands.

## SEC filing metadata
- accession: 0001213900-25-009414
- form_type: 8-K
- ticker: RENX
- cik: 0001959023
- company_name: RenX Enterprises Corp.
- filed_at: 2025-02-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1959023/000121390025009414/0001213900-25-009414-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1959023/000121390025009414/ea0229672-8k_safe.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-009414
- JSON: https://secwatch.observer/filing/0001213900-25-009414.json
- Plain text: https://secwatch.observer/filing/0001213900-25-009414.txt

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