{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-017314","form_type":"8-K","ticker":"RENX","cik":"0001959023","company_name":"RenX Enterprises Corp.","filed_at":"2026-02-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.879842+00:00","generated_at":"2026-05-16T02:34:05.406014+00:00","sec_items":["1.01","2.03","3.02","7.01","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"RenX Enterprises raises $6.0M via convertible notes and warrants; net proceeds $5.4M for working capital","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-017314","json":"https://secwatch.observer/filing/0001213900-26-017314.json","markdown":"https://secwatch.observer/filing/0001213900-26-017314.md","text":"https://secwatch.observer/filing/0001213900-26-017314.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1959023/000121390026017314/0001213900-26-017314-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1959023/000121390026017314/ea0276978-8k_renx.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:34:05.406014+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":"c42433fc6fce16795facabf32672532789285556","claim":"RenX Enterprises Corp. incurred convertible notes of $6,042,985.39 at 12% per annum maturing 13 months from the date of issuance.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1959023/000121390026017314/0001213900-26-017314-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$6,042,985.39"},{"label":"Rate","value":"12% per annum"},{"label":"Maturity","value":"13 months from the date of issuance"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"5d0d8c826999a24da4c28531e254b7959e2bc2b3","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1959023/000121390026017314/0001213900-26-017314-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"warrant"},{"label":"Shares","value":"an aggregate of 38,751,991 shares of Common Stock"},{"label":"Purchaser","value":"certain institutional investors"},{"label":"Consideration","value":"exercisable at a price of $0.15594 per share"}],"fact_type":"equity_issuance"},{"claim_id":"a66a0d9a023e5f0e7082adf76ac69cd093de1bd9","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1959023/000121390026017314/0001213900-26-017314-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"convertible note"},{"label":"Shares","value":"aggregate principal amount of $6,042,985.39"},{"label":"Purchaser","value":"certain institutional investors"},{"label":"Consideration","value":"net proceeds to the Company from the Private Placement are expected to be approximately $5.4 million"}],"fact_type":"equity_issuance"},{"claim_id":"49e4b7f0e4046b2a5ce64b7b94281fcaf1ef5471","claim":"RenX Enterprises Corp. entered into Securities Purchase Agreement with certain institutional investors valued at $6,042,985.39 (effective 2026-02-12).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1959023/000121390026017314/0001213900-26-017314-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain institutional investors"},{"label":"Value","value":"$6,042,985.39"},{"label":"Effective","value":"2026-02-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}