Business
RenX Enterprises Corp., Formerly Safe and Green Development Corporation, Announces Corporate Name Change; New Ticker Symbol “RENX”
MIAMI, FL, Dec. 18, 2025 (GLOBE NEWSWIRE) -- RenX Enterprises Corp., formerly known as Safe and Green Development Corporation (NASDAQ: SGD) (the “Company”),
About this update from Renx Enterprises Corp.
[{"type":"text","content":"MIAMI, FL, Dec. 18, 2025 (GLOBE NEWSWIRE) -- RenX Enterprises Corp., formerly known as Safe and Green Development Corporation (NASDAQ: SGD) (the “Company”), announces that, effective December 19, 2025, the Company will complete its corporate name change to RenX Enterprises Corp. The Company’s common stock is expected to begin trading on the Nasdaq Capital Market under the new ticker symbol “RENX” on December 19, 2025. The CUSIP number for the Company’s common stock will remain unchanged. The name and ticker change reflect the Company’s expanded strategic focus on engineered soils, renewable-material production, and the scaled deployment of the Company’s operating assets. Through the Company’s engineered soils facilities, organics processing capabilities, and logistics infrastructure, RenX Enterprises Corp. is increasingly aligned around a vertically integrated platform designed to scale high-margin soil products, sustainable substrates, and regenerative land-use solutions. As of tomorrow the Company’s website will be: www.renxent.com “This marks a new chapter for the Company as the name aligns with our long-term growth strategy,” said David Villarreal, Chief Executive Officer of RenX Enterprises Corp. “This rebranding marks a pivotal milestone in our evolution. Our new name and ticker reflect our focus on renewable resource manufacturing developing innovative soil and substrate solutions and advancing sustainable practices that deliver both environmental and economic value.” No action is required by existing stockholders as a result of the name or ticker change. All outstanding stock certificates remain valid and do not need to be exchanged. About Ren X Enterprises Corp. RenX Enterprises Corp. is a real estate development and environmental solutions company. Formed in 2021 as Safe and Green Development Corporation, the Company originally focused on the direct acquisition and indirect investment in properties across the United States that are intended for future development into green single-family or multifamily housing projects. The Company remains focused on the monetization of its real estate assets. The Company’s primary operations consist of an environmental processing and logistics platform that includes a permitted 80+ acre organics processing facility in Myakka City, Florida. The Company processes source-separated green ...