RMX INDUSTRIES, INC.

RMX Industries, Inc. has announced an extension for a senior secured convertible note originally issued for $2,020,000. The maturity date has been pushed to December 31, 2026, with a potential further extension to March 31, 2027, contingent on the company's common stock uplisting to a national exchange before the end of 2026. This note is part of a larger offering of $50,000,000 in convertible notes bearing a 15% interest rate.

RMX Industries, Inc. reported a net loss of $17.08 million for the six months ended June 30, 2026, significantly wider than the $7.66 million loss in the prior year, with revenue declining to $1,440. The company's accumulated deficit reached $57.92 million, leading management to express substantial doubt about its ability to continue as a going concern. Despite these financial challenges, RMX commenced its first commercial deployment of the QuantrusX edge intelligence platform and is pursuing an NYSE American uplisting, which could provide $5.0 million in funding.

RMX Industries, Inc. announced a 1-for-3 reverse stock split for its Class A and Class B common stock, effective July 24, 2026. This action aims to increase the per-share price to improve marketability and liquidity, and to satisfy listing requirements for an uplisting to a national securities exchange like the NYSE American. The split proportionally reduced both authorized and outstanding shares, with fractional shares being rounded up.

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.

RMX Industries, Inc. reported a net loss of $6.03 million for the three months ended March 31, 2026, a significant increase from $4.53 million in the prior year, with revenue dropping to $0 from $26,200. The company also disclosed substantial doubt about its ability to continue as a going concern due to accumulated deficits. During the quarter, total liabilities increased to $9.16 million, and the company engaged in private placements, debt conversions, and warrant issuances to manage its financial position.

RMX Industries, Inc. announced the acquisition of intellectual property assets related to software platforms from Apollo Group Enterprises, LLC, in exchange for 1,500,000 shares of its Class A Common Stock. This acquisition is a strategic step towards launching its new AI-powered visual intelligence solution. Concurrently, the company closed a private placement offering, raising $1,360,000 in gross proceeds by issuing 54.4 units, each comprising an 18% promissory note and a warrant to purchase 50,000 shares. The funds will support working capital and general corporate purposes, advancing RMX's evolution in visual data intelligence.