---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-106886"
form_type: "8-K"
ticker: "RENX"
cik: "0001959023"
company_name: "RenX Enterprises Corp."
filed_at: "2026-10-05T21:15:54+00:00"
generated_at: "2026-10-12T16:40:07.725878+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# RenX swaps $1.45M Burnham note for Series D preferred plus warrant; up to 960,666 shares on full conversion

## Summary
- Exchanged $1,446,774.32 outstanding ($1,255,000 principal + $191,774.32 accrued interest) on an 11.5% note dated June 2, 2025 for 1,441 Series D preferred shares.
- Series D converts at $2.895 per share into 497,754 common shares; accompanying warrant covers 124,438 shares at $2.895 with a five-year term.
- Full conversion at the $1.50 floor price would issue up to 960,666 common shares, subject to a Nasdaq exchange cap and stockholder approval.
- Preferred pays an 8% dividend compounding quarterly (rising to 9% if not paid in cash), has $1,000 stated value and a 150% liquidation preference.
- Debtholder James D. Burnham is RenX's Director of Growth & M&A and a former board director; a 30-day delisting lets him swap the preferred for a 10% note maturing in 24 months.

## SEC filing metadata
- accession: 0001213900-26-106886
- form_type: 8-K
- ticker: RENX
- cik: 0001959023
- company_name: RenX Enterprises Corp.
- filed_at: 2026-10-05T21:15:54+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1959023/000121390026106886/0001213900-26-106886-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1959023/000121390026106886/ea0307672-8k_renx.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-106886
- JSON: https://secwatch.observer/filing/0001213900-26-106886.json
- Plain text: https://secwatch.observer/filing/0001213900-26-106886.txt

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