RenX Enterprises Corp. (RENX): debt financing — RenX Enterprises raises $6.0M via convertible notes and warrants; net proceeds $5.4M for working capital

RenX Enterprises Corp.

Issued $6,042,985 in Senior Convertible Notes at 12% interest, maturing in 13 months; net proceeds ~$5.4M.
Notes convertible at $0.281/share; additionally issued warrants to purchase up to 38.75M shares at $0.15594.
First warrants for 21.5M shares exercisable immediately; second warrants for 17.2M shares require stockholder approval.
Company expects to use net proceeds for working capital; Dawson James acted as placement agent.
As of Feb 13, 2026, outstanding common shares total 46,360,994, including conversions from October 2025 PIPE.

item 1.01 item 2.03 item 3.02 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

RenX Enterprises Corp. incurred convertible notes of $6,042,985.39 at 12% per annum maturing 13 months from the date of issuance.

Instrument: convertible notes
Principal: $6,042,985.39
Rate: 12% per annum
Maturity: 13 months from the date of issuance
Event: incurrence

Exact text from the filing

On February 12, 2026, RenX Enterprises Corp. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain institutional investors (the “Purchasers”) for the issuance and sale in a private placement transaction (the “Private Placement”) of Senior Convertible Notes (“Notes”) in the aggregate principal amount of $6,042,985.39. The Notes bear interest at a rate of 12% per annum, will mature 13 months from the date of issuance

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

RenX Enterprises Corp. issued an aggregate of 38,751,991 shares of Common Stock of warrant to certain institutional investors for exercisable at a price of $0.15594 per share.

Security: warrant
Shares: an aggregate of 38,751,991 shares of Common Stock
Purchaser: certain institutional investors
Consideration: exercisable at a price of $0.15594 per share

Exact text from the filing

and until Stockholder Approval (as defined below) is obtained. The First Warrants will have a term of six years from the date of issuance and will be exercisable at a price of $0.15594 per share of Common Stock, and the Second Warrants will have a term of six years from the date that Stockholder Approval is obtained and will be exercisable at a price of $0.15594

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

RenX Enterprises Corp. issued aggregate principal amount of $6,042,985.39 of convertible note to certain institutional investors for net proceeds to the Company from the Private Placement are expected to be approximately $5.4 million.

Security: convertible note
Shares: aggregate principal amount of $6,042,985.39
Purchaser: certain institutional investors
Consideration: net proceeds to the Company from the Private Placement are expected to be approximately $5.4 million

Exact text from the filing

Common Stock. The Private Placement closed on February 17, 2026 (the “Closing Date”). The net proceeds to the Company from the Private Placement are expected to be approximately $5.4 million, after deducting placement agent fees and the payment of other offering expenses associated with the offering that were payable by the Company and excluding any deductions for

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

RenX Enterprises Corp. entered into Securities Purchase Agreement with certain institutional investors valued at $6,042,985.39 (effective 2026-02-12).

Action: entry
Agreement: equity purchase
Counterparty: certain institutional investors
Value: $6,042,985.39
Effective: 2026-02-12

Exact text from the filing

On February 12, 2026, RenX Enterprises Corp. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain institutional investors (the “Purchasers”) for the issuance and sale in a private placement transaction (the “Private Placement”) of Senior Convertible Notes (“Notes”) in the aggregate principal amount of $6,042,985.39.

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101 debt financings filed in the last 30 days. Browse all debt financings →

RenX Enterprises Corp. filing history →

Source: SEC EDGAR

accession 0001213900-26-017314

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