{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-022742","form_type":"8-K","ticker":"RENX","cik":"0001959023","company_name":"RenX Enterprises Corp.","filed_at":"2025-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.652168+00:00","generated_at":"2026-05-25T00:10:01.815470+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Safe and Green Development sells 60% JV interest for $700k promissory note","bullets":["Sold 60% interest in Sugar Phase I LLC to Milk & Honey for $700,415.24, evidenced by a one-year 10% promissory note.","Closing occurred March 7, 2025; Milk & Honey prepaid $120,000, transferring 10.27% interest, SGD now holds 49.73%.","Sale follows deadlock under the JV agreement; SGD exits incrementally as note is repaid.","Parties executed a mutual release, except Milk & Honey's obligations under the promissory note until paid in full."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-022742","json":"https://secwatch.observer/filing/0001213900-25-022742.json","markdown":"https://secwatch.observer/filing/0001213900-25-022742.md","text":"https://secwatch.observer/filing/0001213900-25-022742.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1959023/000121390025022742/0001213900-25-022742-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1959023/000121390025022742/ea0233904-8k_safe.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T00:10:01.815470+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9cfed7406af865e18fafeaf56c54ee453bb858b2","claim":"RenX Enterprises Corp. completed a disposition involving Properties by Milk & Honey LLC for $700,415.24 (closed 2025-03-07).","evidence_excerpt":"(the “Interest”) in Sugar Phase I LLC, a joint venture (the “JV”) established under a Joint Venture Agreement with Milk & Honey, dated July 23, 2024, for a purchase price of $700,415.24, reflecting amounts contributed and costs incurred by the Company in connection with the Sugar Phase I project, to be evidenced by a one-year promissory note (the “Note”) in the","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1959023/000121390025022742/0001213900-25-022742-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Properties by Milk & Honey LLC"},{"label":"Consideration","value":"$700,415.24"},{"label":"Closing","value":"2025-03-07"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}