RMX Industries buys $3.8M software IP from Apollo
RMX INDUSTRIES, INC.
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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.
8-K Event Classification
Key Figures
Key Terms
Intellectual Property Purchase Agreement financial
reverse stock split financial
Item 2.01 Completion of Acquisition or Disposition of Assets regulatory
Emerging Growth Company regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did RMXI report in this Form 8-K/A amendment?
How did RMXI pay for the acquired IP assets?
What was the value of the consideration RMXI issued for the IP assets?
How significant is this acquisition relative to RMXI’s total assets?
When did RMXI complete the closing of the IP purchase from Apollo?
What type of assets did RMXI acquire from Apollo Group Enterprises, LLC?
AI-generated analysis. How Rhea-AI works. Not financial advice.