RenX Enterprises Corp. has announced it has entered into a securities purchase agreement for a private investment in public equity $(PIPE)$ financing, raising approximately $6.0 million before fees and expenses. The financing involves the issuance of Senior Convertible Notes with an aggregate principal amount of $6.0 million, bearing 12% annual interest and maturing in 13 months, convertible at a fixed price of $0.281 per share. Additionally, investors will receive warrants to purchase common stock equal to 100% of the note’s face value, exercisable at $0.15594 per share for six years. The proceeds are intended primarily for working capital. The securities are being sold in a private placement and are not registered under the Securities Act. Dawson James acted as the sole placement agent.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Renx Enterprises Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9654537-en) on February 13, 2026, and is solely responsible for the information contained therein.