RMX Industries extends $2,020,000 note maturity

RMX Industries, Inc. has amended the terms of an existing financing by extending the maturity of a senior secured convertible note.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

8-K

Rhea-AI Filing Summary

RMX Industries, Inc. has amended the terms of an existing financing by extending the maturity of a senior secured convertible note. The company previously issued an Initial Note with an aggregate original principal amount of $2,020,000 under a larger $50,000,000 senior secured convertible note Offering bearing a 15% interest rate. This Initial Note, which had been extended to mature on March 31, 2026 and then to May 30, 2026, will now mature on August 31, 2026 pursuant to an agreement with the institutional investor documented via email on June 22, 2026.

Positive

None.

Negative

Maturity of high-interest debt extended again, as the $2,020,000 Initial Note under a 15% senior secured convertible structure is pushed out to August 31, 2026, indicating reliance on costly, potentially dilutive financing.

Insights

High-cost convertible debt maturity pushed out again, signaling funding strain.

RMX Industries relies on senior secured convertible notes bearing a relatively high 15% interest rate, with capacity up to $50,000,000. The Initial Note of $2,020,000 has now had its maturity extended multiple times, most recently to August 31, 2026.

Repeated extensions, agreed informally via email, suggest the company is not in a position to fully repay this obligation on earlier dates. While the extension avoids an immediate cash event, it prolongs exposure to expensive, secured, and potentially dilutive debt, which can pressure future equity value if converted.

8-K Event Classification

Item 1.01 — Entry into a Material Definitive Agreement

1 item

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.

Key Figures

Aggregate note facility: $50,000,000 Initial Note principal: $2,020,000 Interest rate: 15% +3 more

6 metrics

Aggregate note facility $50,000,000 Aggregate original principal amount of senior secured convertible notes

Initial Note principal $2,020,000 Aggregate original principal amount of Initial Note

Interest rate 15% Interest rate on senior secured convertible notes

New maturity date August 31, 2026 Extended maturity of Initial Note agreed June 22, 2026

Prior maturity date May 30, 2026 Previous extended maturity of Initial Note before latest amendment

Earlier maturity March 31, 2026 Initial Note maturity before extensions

Key Terms

Material Definitive Agreement, securities purchase agreement, senior secured convertible notes, aggregate original principal amount, +1 more

5 terms

Material Definitive Agreement regulatory

"Item 1.01 Entry into a Material Definitive Agreement."

A material definitive agreement is a legally binding contract that creates major, long‑term obligations or rights for a company, such as loans, asset sales, mergers, or supplier deals. Think of it like a mortgage or lease for a business: it can change future cash flow, risk and control, so investors watch these agreements closely because they can materially affect a company’s value, financial health and stock price.

securities purchase agreement financial

"entered into a securities purchase agreement, as amended, with an institutional investor"

A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.

senior secured convertible notes financial

"for the issuance and sale of a series of senior secured convertible notes of the Company"

A senior secured convertible note is a loan a company issues that sits near the top of its repayment order (senior), is backed by specific assets as collateral (secured), and can be swapped into company shares later (convertible). For investors this matters because it combines lower risk of repayment and legal protection from the collateral with the upside of converting into equity—so it affects both the safety of debt holders and potential dilution for shareholders.

aggregate original principal amount financial

"in the aggregate original principal amount of $50,000,000 (the “Notes”)"

class A common stock financial

"convertible into shares of the Company’s class A common stock, $0.001 par value per share"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What material agreement did RMX Industries (RMXI) disclose?

RMX Industries disclosed an amendment to its senior secured convertible note financing. The company and its institutional investor agreed to extend the maturity date of an existing Initial Note, updating the terms of a previously reported securities purchase agreement.

How large is RMX Industries' senior secured convertible note financing?

The securities purchase agreement covers senior secured convertible notes with an aggregate original principal amount of up to $50,000,000. Within this structure, RMX Industries previously issued an Initial Note with an aggregate original principal amount of $2,020,000 to its institutional investor.

What is the interest rate on RMX Industries' convertible notes?

The senior secured convertible notes issued by RMX Industries bear a 15% interest rate. This relatively high coupon increases the company’s ongoing financing cost and magnifies the long‑term impact if the notes remain outstanding for extended periods.

What change did RMX Industries make to the Initial Note’s maturity?

RMX Industries and its investor agreed on June 22, 2026 to extend the Initial Note’s maturity date to August 31, 2026. The note had previously been extended from March 31, 2026 to May 30, 2026 before this latest change.

What is the size of RMX Industries' Initial Note under the financing?

Under the broader $50,000,000 senior secured convertible note Offering, RMX Industries issued an Initial Note with an aggregate original principal amount of $2,020,000. This specific note is the one whose maturity date has now been extended to August 31, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/26/2026 - 04:30 PM EDT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 22, 2026

RMX INDUSTRIES, INC.

(Exact name of Company as specified in its charter)

Nevada		333-294940		88-2960484
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

4514 Cole Ave, Ste. 600, Dallas, TX		92075
(Address of principal executive offices)		(Zip Code)

	(866) 706-4276
	(Company’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered

Indicate by check mark whether the Company is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging Growth Company ☒

If an emerging growth company, indicate by check mark if the Company has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

As previously reported in the Current Reports on Form 1-U filed with the Securities and Exchange Commission on October 17, 2025 and November 6, 2025, RMX Industries, Inc. (the “Company”) entered into a securities purchase agreement, as amended, with an institutional investor (the “Investor”) for the issuance and sale of a series of senior secured convertible notes of the Company bearing a 15% interest rate (the “Offering”), in the aggregate original principal amount of $50,000,000 (the “Notes”), which Notes shall be convertible into shares of the Company’s class A common stock, $0.001 par value per share, with the initial closing of the Offering occurring on November 5, 2025, pursuant to which the Company issued to the Investor a Note in an aggregate original principal amount of $2,020,000 maturing on March 31, 2026, as extended to May 30, 2026 (the “Initial Note”). On June 22, 2026, the Company and the Investor agreed via email to extend the maturity date of the Initial Note to August 31, 2026.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: June 26, 2026	RMX INDUSTRIES, INC.

	/s/ Karl Kit
	Name:	Karl Kit
	Title:	Chief Executive Officer and President

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

3 documents

RMX Industries extends $2,020,000 note maturity