Recent Updates — RMXI
On October 21, 2026, RMX Industries entered into a Securities Purchase Agreement with Vanquish Funding Group Inc., issuing a 12% promissory note for an aggregate purchase price of $257,000. The note has a principal amount of $295,550 and matures on October 15, 2027. Proceeds are intended for general working capital. The agreement allows for additional tranches totaling up to $1,100,000 over the next twelve months, subject to mutual agreement. Vanquish holds a conversion right into Class A common stock at a 35% discount to market price, exercisable after 180 days, with ownership capped at 4.99%. The debt is subordinate to existing senior secured notes. RMX Industries operates in the industrial manufacturing sector.
RMX Industries, Inc. announced a 1-for-3 reverse stock split of its Class A and Class B common stock, effective July 24, 2026, to improve marketability and liquidity. The company intends to use the split to satisfy NYSE American listing requirements as part of its strategy to uplist to a national securities exchange. RMX Industries, Inc. is an edge intelligence company developing physical-edge intelligence solutions for real-world operational environments.