RenX Eliminates $7 Million of Debt in Equity Conversion

MIAMI, FL, June 11, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. (NASDAQ: RENX) (“RenX” or the “Company”) today announced a debt-to-equity conversion that reduces leverage and strengthens its balance sheet. The transaction is part of a deliberate effort to clean up the Company’s capital structure and enhance the financial profile of the business as it prepares for its next phase of growth.