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RenX Enterprises (NASDAQ: RENX) updated progress on its sustainable growing media initiative using Microtec milling and materials-engineering technology under an exclusive US license for biomass applications. Microtec, acquired earlier in 2025 by Ara Partners, provides processing and systems-integration capabilities that enable RenX to scale from single-site production to a repeatable, multi-facility model.
Products convert local green and organic waste into engineered substrates for commercial growers, nurseries, landscapers, and consumer brands, offering a domestic alternative to peat and imported substrates. Initial commercial deployments are expected to begin in 2026, with additional facilities and region-specific formulations planned.
RenX Enterprises Corp (formerly Safe and Green Development Corporation, NASDAQ: SGD) will change its corporate name and ticker effective December 19, 2025. The company’s common stock is expected to begin trading on Nasdaq Capital Market under the new ticker RENX on December 19, 2025, while the CUSIP remains unchanged.
The name and ticker reflect an expanded strategic focus on engineered soils, renewable-material production, and scaled deployment of operating assets through engineered soils facilities, organics processing, and logistics infrastructure. The company said no action is required by existing stockholders and all outstanding certificates remain valid. The new website is www.renxent.com.
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