---
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"
generated_at: "2026-05-16T10:58:03.346650+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# RenX restructures $7M note; transfers Texas collateral, obtains conditional $5M note at 13.5%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-003507
- JSON: https://secwatch.observer/filing/0001213900-26-003507.json
- Plain text: https://secwatch.observer/filing/0001213900-26-003507.txt

## Key facts
- Debt Financings
  RenX Enterprises Corp. incurred loan of $5,000,000 with an institutional investor at 13.50% per annum maturing December 1, 2028.
  - Instrument: loan
  - Principal: $5,000,000
  - Counterparty: an institutional investor
  - Rate: 13.50% per annum
  - Maturity: December 1, 2028
  - Event: incurrence
  source text: ● 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_url: https://www.sec.gov/Archives/edgar/data/1959023/000121390026003507/0001213900-26-003507-index.htm
- Material Agreements
  RenX Enterprises Corp. entered into Restructuring and Collateral Agreement with an institutional investor (effective 2026-01-06).
  - Action: entry
  - Counterparty: an institutional investor
  - Effective: 2026-01-06
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1959023/000121390026003507/0001213900-26-003507-index.htm

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