Safe and Green shares jump 11.04% after-hours after rebranding to RenX Enterprises Corp. with new RENX ticker.

Safe and Green Development (SGD) surged 11.04% in after-hours trading following the announcement of its corporate rebranding to RenX Enterprises Corp., effective December 19, 2025, with a new ticker symbol “RENX.” The name change reflects the company’s strategic pivot toward engineered soils, renewable-material production, and vertically integrated sustainable solutions. The press release emphasized expanded focus on high-margin soil products, regenerative land-use, and logistics infrastructure, aligning with growing market demand for eco-friendly innovations. CEO David Villarreal highlighted the rebranding as a pivotal milestone, reinforcing investor confidence in the company’s long-term growth trajectory. The shift also coincides with the delivery of a patented Micotec Mill in 2026 and prior debt restructuring, which collectively signal operational and financial improvements. The after-hours rally suggests strong market receptivity to the company’s repositioning in the sustainable resource sector.