Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities
Item 1.01 Entry into a Material Definitive Agreement. Amendment to Securities Purchase Agreement and Registration Rights Agreement On August 26, 2026, the Company and the Purchasers entered into an Amendment to Securities Purchase Agreement and Registration Rights Agreement (the “Amendment”), which amended the Purchase Agreement and Registration Rights Agreement, respectively, to provide that:…
Filed Aug 28, 2026Accepted Aug 28, 2026, 5:15 PM EDTCIK 1959023Accession 0001213900-26-095188
RenX Enterprises Corp. is a biomass recycling, logistics, and real estate company operating a vertically integrated environmental services platform focused on the engineered soils, organic recycling, and bulk materials logistics industries. The Company’s platform is designed to be differentiated by its use of advanced milling and material-processing technology, including a planned deployment of a licensed Microtec system, to precisely size, refine, and condition organic inputs into consistent, high-performance soil substrates. This technology-enabled approach will allow RenX to move beyond traditional waste-to-value operations and manufacture engineered growing media with repeatable quality and defined specifications.
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Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01 Entry into a Material Definitive
Agreement.
Amendment to Securities Purchase Agreement
and Registration Rights Agreement
On August 26, 2026, the Company and the Purchasers
entered into an Amendment to Securities Purchase Agreement and Registration Rights Agreement (the “Amendment”), which amended
the Purchase Agreement and Registration Rights Agreement, respectively, to provide that:
(i) the Second Closing Date shall be August 26, 2026, or such other date as may be agreed upon in writing
between the Company and the Purchasers, subject to satisfaction of certain conditions to closing;
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(ii) on the Second Closing Date, the Purchasers, severally and not jointly, shall have the right to purchase
up to $6,700,000 (pro rata by initial subscription amounts with respect to the Initial Closing) of Second Notes and Second Warrants;
(iii) the shares of Common Stock that the Company is obligated to register pursuant to the Initial Registration
Statement only include the number of shares of Common Stock issued and issuable upon conversion of the Initial Notes at the Initial Conversion
Price and upon exercise of the Initial Warrants;
(iv) the filing deadline of the Second Registration Statement shall be the 15th calendar day following
the Second Closing Date; (v) the filing deadline of any registration statements to be filed in connection with any Additional Closing
shall be the 15th calendar day following the date of such Additional Closing;
(v) the shares of Common Stock that the Company is obligated to register pursuant to the Second Registration
Statement shall include (a) the difference between (I) the number of shares of Common Stock issued and issuable upon conversion of the
Initial Notes at the Initial Conversion Price and (II) the number of shares of Common Stock issued and issuable upon conversion of the
Initial Notes at the Floor Price, (b) the number of shares of Common Stock issued or issuable upon conversion of the Second Notes at the
Floor Price and (c) the number of shares of Common Stock issued or issuable upon exercise of the Second Warrants; and
(vi) carve out from the liquidated damages provisions set forth in the Registration Rights Agreement liquidated
damages associated with the Company’s failure to file the Initial Registration Statement or to cause the Initial Registration Statement
to be declared effective by the SEC by the applicable deadline set forth in the Registration Rights Agreement.
The foregoing description of the Amendment is
qualified in its entirety by reference to the full text of the Amendment, a copies of the form of which is attached hereto as Exhibit
10.1 and is incorporated by reference herein. Additionally, see the Prior 8-K for a more detailed description of the terms of the Purchase
Agreement, Registration Rights Agreement, Notes (including the Second Notes), Warrants (including the Second Notes) and other agreements
entered into by the Company in connection with the Private Placement, which information is incorporated by reference herein.
Second Closing
The Second Closing of the Private Placement occurred
on August 26, 2026. At the Second Closing, the Company sold and issued the Purchasers (i) Second Notes in the aggregate principal amount
of $5,662,716.07, which, assuming that the Second Notes accrue interest at 10% for a period of 12 months, would be convertible into an
aggregate of 2,151,638 shares of Common Stock, based on the Initial Conversion Price, and up to 11,664,772 shares of Common Stock, based
on the Floor Price, and (ii) Second Warrants to purchase an aggregate of 3,520,859 shares of Common Stock, resulting in net proceeds to
the Company of approximately $5.4 million, after deducting placement agent fees and the payment of other offering expenses associated
with the offering that will be payable by the Company. As required by the Purchase Agreement, the Company utilized the net proceeds of
the Second Closing to repay certain outstanding senior convertible notes (the “February Notes”) sold and issued to the Purchasers
pursuant to that Securities Purchase Agreement, dated as of February 12, 2026, in an amount equal to 110% of the outstanding aggregate
principal amount of such February Notes.
The Second Notes and Second Warrants are in substantially
the same form as the form of Senior Convertible Note filed as Exhibit 4.1 and the Form of Warrant filed as Exhibit 4.2 to the Prior 8-K,
the terms and forms of which are incorporated by reference herein.
Item 2.03Item 2.03 - Creation of Direct Financial Obligation
Item 2.03 Creation of a Direct Financial Obligation
or an Obligation Under an Off-balance Sheet Arrangement of a Registrant.
The information set forth under Item 1.01 above
of this Current Report on Form 8-K related to the Second Closing and the sale and issuance of the Second Notes is incorporated by
reference in this Item 2.03.
Item 3.02. Unregistered Sales of Equity Securities.
The information set forth under Item 1.01 above
of this Current Report on Form 8-K with respect to the sale and issuance of the Second Notes and Second Warrants, as well as the
shares of Common Stock issuable upon conversion and exercise thereof, respectively, is incorporated by reference in this Item 3.02.
The Second Notes and the Second Warrants were
offered and sold in a private placement pursuant to Section 4(a)(2) of the Securities Act, and/or Regulation D promulgated thereunder.
The Second Notes, Second Warrants, as well as the shares of Common Stock issuable upon conversion and exercise thereof, have not been
registered, and to the extent not yet issued, will not be registered, under the Securities Act or applicable state securities laws. Accordingly,
these securities may not be reoffered or resold in the United States absent registration with the SEC or an applicable exemption from
such registration requirements. The Company relied, in part, on representations made by the Purchasers in the Purchase Agreement. Each
Purchaser has represented that it is an “accredited investor” as defined in Regulation D of the Securities Act and that
it is acquiring the securities for investment only and not with a view towards, or for resale in connection with, the public sale or distribution
thereof, and appropriate legends will be affixed to the securities. The sale of the securities did not involve a public offering and was
made without general solicitation or general advertising.
Item 3.02Item 3.02 - Unregistered Sales of Equity
Item 3.02. Unregistered Sales of Equity Securities.
The information set forth under Item 1.01 above
of this Current Report on Form 8-K with respect to the sale and issuance of the Second Notes and Second Warrants, as well as the
shares of Common Stock issuable upon conversion and exercise thereof, respectively, is incorporated by reference in this Item 3.02.
The Second Notes and the Second Warrants were
offered and sold in a private placement pursuant to Section 4(a)(2) of the Securities Act, and/or Regulation D promulgated thereunder.
The Second Notes, Second Warrants, as well as the shares of Common Stock issuable upon conversion and exercise thereof, have not been
registered, and to the extent not yet issued, will not be registered, under the Securities Act or applicable state securities laws. Accordingly,
these securities may not be reoffered or resold in the United States absent registration with the SEC or an applicable exemption from
such registration requirements. The Company relied, in part, on representations made by the Purchasers in the Purchase Agreement. Each
Purchaser has represented that it is an “accredited investor” as defined in Regulation D of the Securities Act and that
it is acquiring the securities for investment only and not with a view towards, or for resale in connection with, the public sale or distribution
thereof, and appropriate legends will be affixed to the securities. The sale of the securities did not involve a public offering and was
made without general solicitation or general advertising.