debt
confidence high
sentiment neutral
materiality 0.40
Safe and Green Development amends $960,672 note with Pigmental; payment restructured, rate raised to 15%
RenX Enterprises Corp.
- Received $40,000 initial earnest payment; $250,000 due July 30, 2025 (extendable to Aug 29); final $670,672 due Oct 30, 2025.
- Interest rate increased from 10% to 15% per annum; late fee of 5% on overdue amounts.
- All collateral, including personal guaranty by Marina Martins and security interest in Georgia property, reaffirmed.
- Default triggers include missed payment, cross-default over $50k, material adverse change, or failure to cooperate.
item 1.01item 9.01