RMX Industries: extends $2,020,000 convertible note maturity

What happened RMX Industries, Inc. reported that it entered into a securities purchase agreement, as amended, with an institutional investor for a series of senior secured convertible notes bearing 15% interest, in the aggregate original principal amount of $50,000,000. The company stated that at the initial closing on Nov 5, 2025 it issued a Note with an aggregate original principal amount of $2,020,000 that matured on Mar 31, 2026 and had been extended to Aug 31, 2026. On Sep 28, 2026 the company and the investor agreed via email to extend the maturity date of that $2,020,000 Initial Note to Dec 31, 2026, with the maturity date automatically extending to Mar 31, 2027 if the company’s class A common stock uplists to an eligible national securities exchange prior to Dec 31, 2026.

Key details

• Offering: series of senior secured convertible notes, aggregate original principal amount $50,000,000, 15% interest.
• Initial Note: $2,020,000 original principal, convertible into class A common stock, $0.001 par value.
• Timeline: initial closing Nov 5, 2025; original maturity Mar 31, 2026, previously extended to Aug 31, 2026; further extension agreed Sep 28, 2026 to Dec 31, 2026.
• Conditional auto extension: maturity automatically extends to Mar 31, 2027 if uplisting occurs prior to Dec 31, 2026.

Why it may matter The company reported this matter under Item 1.01 (entry into a material definitive agreement), which covers the securities purchase agreement and the amendments/extensions to the Initial Note described above. This filing does not show why the insider traded or why the company acted.