RenX Enterprises Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $5.0M
- Price
- $1.88
- % Change (Daily % change from the live per-ticker quote feed.)
- -3.09%
- Volume
- 186.3K
About
RenX Enterprises Corp. operates within the real estate development sector. The company primarily focuses on property development by utilizing specialized, factory-built modules crafted from a combination of wood and steel. These modular units are manufactured at Safe & Green Holdings' facilities and are managed by SG Echo. Established in 2021, RenX Enterprises maintains its main office in Miami, Florida.
Quick stats
Shares outstanding2.6M
Computed float2.3M
Float / shares86.6%
Key info
SectorReal Estate
IndustryReal Estate - Development
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001959023
Websitehttps://www.renxent.com
AI Summary
AI-generated1/29
minorbullishoperations update
RenX Enterprises Sets Microtec Turbo Mill in Place at Myakka City; Engineered Substrate Commissioning Remains on Track for Fourth Quarter of 2026
RenX set its Microtec UTM 1200 Turbo Mill onto its anchored support stand at the Myakka City, Florida facility, completing the fourth of seven installation milestones.
Commissioning remains on track for Q4 2026, aided by early funding of contractor and utility scopes that prepared the site before the mill arrived from Germany in August.
Once operational, the mill is expected to convert lower-value oversize material into specification-grade engineered substrate at gross margins meaningfully above the current blended margin, on top of TTM revenue of $15.0 million.
Red flags
- company discloses going-concern and debt-refinancing risk factors
- Nasdaq listing maintenance risk cited in forward-looking statements
- commissioning timeline subject to contractor, utility, permitting, and weather risk