RenX Enterprises exchanges $1.02 million debt for $1.04 million convertible note and warrants
RENX•RenX Enterprises exchanged $1.02 million in outstanding debt for a $1.04 million senior convertible note on Nov. 2, 2026, and issued a warrant to purchase 644,944 common shares. The unsecured note bears 10% annual interest, matures in 12 months and initially converts at $2.895 per share.
1. Debt exchange terms
RenX Enterprises exchanged $1.02 million in outstanding debt for a $1.04 million senior convertible note on Nov. 2, 2026. The transaction included a warrant to purchase 644,944 common shares; the unsecured note bears 10% annual interest, matures in 12 months and initially converts at $2.895 per share.
