Loan & DebtJun 26, 2026, 04:37 PM
RMX Industries Extends $2.02M Note Maturity to August 31, 2026
AI Summary
RMX Industries, Inc. announced an extension of the maturity date for a senior secured convertible note. The company and an institutional investor agreed via email on June 22, 2026, to extend the maturity of the $2,020,000 Initial Note from May 30, 2026, to August 31, 2026. This note is part of a larger $50,000,000 offering of 15% interest rate notes.
Key Highlights
- RMX Industries extended the maturity date of an Initial Note.
- The Initial Note has an aggregate original principal amount of $2,020,000.
- The note bears a 15% interest rate.
- The original maturity date was March 31, 2026, previously extended to May 30, 2026.
- The maturity date has now been extended to August 31, 2026.
Price Impact
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