Safe & Green Development Corp 8-K

What Happened

• Safe and Green Development Corporation filed a Form 8-K reporting that, effective December 19, 2025, it changed its corporate name to RenX Enterprises Corp. by filing a Certificate of Amendment with the Delaware Secretary of State. The board approved the change and, under Delaware law (Section 242(b)(1) of the DGCL), stockholder approval was not required.
• The company also amended and restated its bylaws to reflect the new name (Second Amended and Restated Bylaws) with no other substantive changes. A press release announcing the name and symbol change was issued on December 18, 2025.

Key Details

• Effective date: December 19, 2025 (name change and new ticker in effect at market open).
• New corporate name: RenX Enterprises Corp.; new Nasdaq ticker symbol: RENX.
• CUSIP unchanged; existing stock certificates bearing the old name remain valid and will be replaced when submitted for transfer/exchange.
• Board-approved amendments; stockholder approval was not required under DGCL.

Why It Matters

• For investors, the change is primarily a rebranding and administrative update: trading will continue on Nasdaq under the new ticker RENX, and holders’ rights and the company’s CUSIP are unchanged.
• Shareholders do not need to take action to retain their holdings—old certificates stay valid and will be exchanged through the transfer agent when presented. The filing and press release provide the official record of the change.