• RenX converted about $7 million of insider-held debt into preferred equity, cutting leverage and removing the debt from its balance sheet.
• The exchange avoids immediate dilution to common shareholders; the preferred converts into common stock at $2.9 per share.
• Move reduces ongoing cash obligations, strengthens balance-sheet metrics, and supports investment plans across its environmental processing and logistics operations.

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: 202606110800PRIMZONEFULLFEED9735400) on June 11, 2026, and is solely responsible for the information contained therein.