RMX Industries (RMXI) issues 500K shares for software IP
Rhea-AI Filing Summary
RMX INDUSTRIES, INC. (RMXI) filed an amended current report to add detailed disclosure about completing an acquisition of software-related intellectual property assets from Apollo Group Enterprises, LLC under an Intellectual Property Purchase Agreement dated May 8, 2026.
On May 17, 2026, RMXI acquired these IP assets in exchange for 500,000 shares of its Class A common stock (as adjusted for a one-for-three reverse stock split effective July 24, 2026). The shares were valued at approximately $3.8 million, and the acquired assets represented about 11.8% of RMXI’s total assets of approximately $32.2 million as of December 31, 2025.
Positive
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Negative
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8-K Event Classification
2 items: 1.01, 2.01
2 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 2.01
Completion of Acquisition or Disposition of Assets
Financial
The company completed a significant acquisition or sale of business assets.
Key Figures
Shares issued as consideration: 500,000 shares of Class A Common Stock
Value of consideration: $3.8 million
Proportion of total assets: 11.8%
+3 more
6 metrics
Shares issued as consideration
500,000 shares of Class A Common Stock
Issued to Apollo Group Enterprises, LLC for IP assets
Value of consideration
$3.8 million
Approximate value of shares issued for IP assets
Proportion of total assets
11.8%
IP assets as a percentage of total assets as of December 31, 2025
Total assets
$32.2 million
Company total assets as of December 31, 2025
Reverse stock split ratio
one-for-three reverse stock split
Adjustment referenced for Class A common stock, effective July 24, 2026
Commission File Number
333-294940
SEC file number for RMX INDUSTRIES, INC.
Key Terms
Intellectual Property Purchase Agreement, reverse stock split, Item 2.01 Completion of Acquisition or Disposition of Assets, Emerging Growth Company
4 terms
Intellectual Property Purchase Agreement financial
"pursuant to the intellectual property purchase agreement dated as of May 8, 2026"
reverse stock split financial
"as adjusted to reflect the one-for-three reverse stock split"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
Item 2.01 Completion of Acquisition or Disposition of Assets regulatory
"Item 2.01 Completion of Acquisition or Disposition of Assets."
Emerging Growth Company regulatory
"whether the Company is an emerging growth company as defined in Rule 405"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What transaction did RMXI report in this Form 8-K/A amendment?
RMX INDUSTRIES, INC. reported completion of an acquisition of certain software-related intellectual property assets from Apollo Group Enterprises, LLC, carried out under an Intellectual Property Purchase Agreement dated May 8, 2026.
How did RMXI pay for the acquired IP assets?
RMXI issued 500,000 shares of its Class A common stock, $0.001 par value per share, as adjusted for a one-for-three reverse stock split effective July 24, 2026, in exchange for the intellectual property assets.
What was the value of the consideration RMXI issued for the IP assets?
The 500,000 Class A common shares issued as consideration for the IP assets were valued at approximately $3.8 million under the terms described in the report.
How significant is this acquisition relative to RMXI’s total assets?
The acquired IP assets represented approximately 11.8% of RMXI’s total assets, based on total assets of about $32.2 million as of December 31, 2025.
When did RMXI complete the closing of the IP purchase from Apollo?
RMXI completed the closing of the IP Purchase Agreement and acquired the IP assets on May 17, 2026, as disclosed in the amendment.
What type of assets did RMXI acquire from Apollo Group Enterprises, LLC?
RMXI acquired the right, title and interest in and to certain intellectual property assets relating to software platforms from Apollo Group Enterprises, LLC.
AI-generated analysis. How Rhea-AI works. Not financial advice.
