{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-003507","form_type":"8-K","ticker":"RENX","cik":"0001959023","company_name":"RenX Enterprises Corp.","filed_at":"2026-01-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.879430+00:00","generated_at":"2026-05-16T10:58:03.346650+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"RenX restructures $7M note; transfers Texas collateral, obtains conditional $5M note at 13.5%","bullets":["Deed in Lieu of Foreclosure on Lago Vista, TX property extinguishes $5M of the original $7M note.","Remaining $2M secured by Oklahoma property under modified loan at 13.5% interest, maturing Dec. 1, 2028.","New $5M conditional promissory note springs if project milestones not met within 24 months, interest-only for 12 months.","Company pledges 50% membership interest in Norman Berry II Owners, LLC and assigns $209,333 note as collateral.","Company receives 70% of net sale proceeds from Texas property above $5M plus project costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-003507","json":"https://secwatch.observer/filing/0001213900-26-003507.json","markdown":"https://secwatch.observer/filing/0001213900-26-003507.md","text":"https://secwatch.observer/filing/0001213900-26-003507.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1959023/000121390026003507/0001213900-26-003507-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1959023/000121390026003507/ea0272589-8k_renx.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T10:58:03.346650+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":"9c59febe059087c78a71a49cf20df7e11b4bc1ae","claim":"RenX Enterprises Corp. incurred loan of $5,000,000 with an institutional investor at 13.50% per annum maturing December 1, 2028.","evidence_excerpt":"● LV Peninsula issued a conditional promissory note, dated January 6, 2026 (the “New Note”), in the principal amount of $5,000,000 to the Lender","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1959023/000121390026003507/0001213900-26-003507-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$5,000,000"},{"label":"Counterparty","value":"an institutional investor"},{"label":"Rate","value":"13.50% per annum"},{"label":"Maturity","value":"December 1, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"c47d12a2997fba4b2954599778fe61aae08f1c32","claim":"RenX Enterprises Corp. entered into Restructuring and Collateral Agreement with an institutional investor (effective 2026-01-06).","evidence_excerpt":"On January 6, 2026, RenX Enterprises Corp. (the \"Company\") and its wholly owned subsidiary Norman Berry II Owners, LLC (\"Norman Berry\"), entered into a Restructuring and Collateral Agreement (the \"Restructuring Agreement\") with an institutional investor (the \"Lender\")","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1959023/000121390026003507/0001213900-26-003507-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"an institutional investor"},{"label":"Effective","value":"2026-01-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}