secwatch.observer — SEC 8-K summary
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Issuer:     RenX Enterprises Corp. (RENX)
CIK:        0001959023
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001213900-26-017314
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 3.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RenX Enterprises raises $6.0M via convertible notes and warrants; net proceeds $5.4M for working capital
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1959023/000121390026017314/0001213900-26-017314-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1959023/000121390026017314/ea0276978-8k_renx.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-017314

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer