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RenX Enterprises Corp. Highlights Transformational Year with Expected $7 Million in Revenues during 2025, Operating Scale, and Debt Reduction
Globenewswire· 2026-01-09 14:00
MIAMI, FL, Jan. 09, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. (NASDAQ: RENX) (the “Company”) today provided an update on a year that management views as transformational, reflecting a fundamental evolution of the Company’s operating profile, financial performance, and strategic direction. “This past year represented a defining chapter for the Company,” said David Villarreal, Chief Executive Officer of RenX Enterprises Corp. “We fundamentally transformed the Company’s primary business focus from real e ...
RenX Enterprises Completes Debt Restructuring, Transfers Lago Vista Property to Lender for Conditional $5.0 Million Valuation Strengthening Balance Sheet and Advancing Strategic Focus on Resource Group
Globenewswire· 2026-01-06 14:00
MIAMI, FL , Jan. 06, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises, Inc. (“RenX” or the “Company”) (NASDAQ: RENX), formerly known as Safe and Green Development Corporation, today announced the restructuring of the Company’s approximately $7.0 million outstanding secured note on its Lago Vista, Texas property. Under the restructuring, in exchange for the transfer of title to the Lago Vista, Texas property to the Company’s lender, the lender agreed to conditionally extinguish $5.0 million of the secured note subj ...