MIAMI, FL, March 24, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. “RenX” (NASDAQ: RENX), a technology-driven environmental processing and sustainable materials company, today announced that it will effect a 1-for-20 reverse stock split (“reverse split”) of its common stock, par value $0.001 per share (“Common Stock”), that will become effective at 12:01 a.m. Eastern Time on March 26, 2026. The Company’s Common Stock will continue to trade on the Nasdaq Capital Market (“Nasdaq”) under the symbol “RENX” an ...

Core Viewpoint - RenX Enterprises Corp. has secured a new hauling services contract through its subsidiary Zimmer Equipment, which is expected to enhance revenue and fleet utilization while supporting the company's waste-to-value strategy [1][2][3]. Group 1: Contract Details - Zimmer Equipment will provide dedicated hauling services for construction and demolition materials from a high-volume transfer facility to disposal and processing sites [2]. - The contract is anticipated to generate recurring revenue from the waste transfer operator, thereby improving fleet utilization [2]. Group 2: Company Strategy - The contract aligns with RenX's broader waste-to-value strategy, which encompasses hauling and logistics, organics recycling, engineered soils, and the deployment of proprietary Microtec milling technology [3]. - RenX aims to move beyond traditional waste-to-value operations by manufacturing engineered growing media with consistent quality and defined specifications [5]. Group 3: Operational Overview - Zimmer Equipment operates a fleet of trucks and heavy equipment across Florida, serving various customer segments including municipal, commercial, and industrial [4]. - RenX's core operations are based in an 80+ acre organics processing facility in Myakka City, Florida, integrating organics processing, advanced milling, blending, and in-house logistics [6].

Core Viewpoint - RenX Enterprises Corp. has entered into a new disposal services agreement with a regional commercial landscaping operator in Sarasota, Florida, aimed at enhancing its sustainable infrastructure and environmental services platform [1][2]. Group 1: Agreement Details - The agreement allows RGUS to receive and process inbound organic material at a contracted per-yard disposal rate, including unprocessed green waste, wood waste, and other vegetative debris [2]. - The structure of the agreement is ticket-based with net-30 payment terms, providing measurable cash flow visibility and supporting predictable cash generation over time [2][3]. - The company anticipates that this ticket-based structure will lead to recurring revenue as it is volume-dependent [2][4]. Group 2: Strategic Implications - The CEO of RenX highlighted that the agreement reflects the growing demand for alternatives to landfilling due to rising disposal costs and regulatory scrutiny [3]. - Each new contracted volume source is expected to enhance utilization across the company's transfer and processing infrastructure, supporting the strategy of building durable, recurring revenue streams [3][4]. - The company aims to drive margin expansion as inbound volumes grow, leveraging logistics, processing, and technology-enabled conversion [4]. Group 3: Operational Overview - RenX operates an 80+ acre organics processing facility in Myakka City, Florida, integrating various processes to produce proprietary soil substrates and potting media [6]. - The company focuses on optimizing products for regional feedstocks and customer requirements to shorten supply chains and improve unit economics [6]. - RenX plans to monetize its portfolio of legacy real estate assets to fund its core technology-driven environmental processing platform [6].

Core Insights - Safe and Green Development Corporation has announced the delivery and deployment of new industrial processing equipment to enhance its operations in Southwest Florida, specifically targeting engineered soils, composting, and green-waste recycling [1][3][4] Equipment Details - The new equipment includes the Komptech Crambo Mobile shredder, which is designed for processing large volumes of organic and woody materials, and the Diamond Z DZH6000 Series grinder, which enhances grinding capacity for wood waste and green debris [2][3] Operational Impact - The newly deployed equipment is expected to improve production capacity, reduce processing times, and enhance overall site efficiency, thereby meeting the growing demand for the company's engineered soil and compost products [3][4] Strategic Alignment - The expansion of processing capabilities aligns with the company's focus on scalable, revenue-generating infrastructure, allowing for greater material processing efficiency and broader product distribution across its composting and recycling network [4] Company Overview - Safe and Green Development Corporation, formed in 2021, focuses on real estate development and environmental solutions, including the operation of an 80+ acre organics processing facility in Florida, which processes source-separated green waste and is expanding into sustainable potting media production [5]

As filed with the U.S. Securities and Exchange Commission on September 30, 2025. Registration No. 333-290563 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 –––––––––––––––––––––––––––––––––––––––––––––––––– AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (Exact name of registrant as specified in its charter) –––––––––––––––––––––––––––––––––––––––––––––––––– | Delaware | 6552 | 87-1375590 | | --- | --- | --- | | (State or other jurisdiction of | ( ...