RenX Enterprises Corp. and its wholly owned subsidiary Norman Berry II Owners, LLC have entered into a Restructuring and Collateral Agreement with an institutional lender regarding an outstanding promissory note of approximately $7 million issued by subsidiary LV Peninsula Holding, LLC. As part of the agreement, $2 million of the remaining note balance is now secured by the subsidiary's property in Durant, Oklahoma. Additionally, RenX transferred title to its Lago Vista property in exchange for the conditional extinguishment of $5 million of the outstanding note, subject to the agreement's terms. The agreement also provides that RenX will receive 70% of any net sale proceeds from the Lago Vista property above $5 million plus additional new funds. If certain project milestones are not met within 24 months, a new note bearing 13.5% annual interest will become effective, maturing on December 1, 2028.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-003507), on January 12, 2026, and is solely responsible for the information contained therein.