RenX Enterprises shares surge 12.90% after-hours after announcing expanded contracted inbound volumes via new Florida disposal services agreement.

RenX Enterprises surged 12.90% in after-hours trading following the announcement that its subsidiary, Resource Group US LLC, secured a disposal services agreement with a Florida-based commercial landscaping operator. The ticket-based contract, featuring net-30 payment terms, provides transaction-level cash flow visibility and recurring feedstock for the company’s biomass conversion operations. Management emphasized the agreement’s alignment with its strategy to build durable revenue streams through infrastructure utilization and margin expansion, driven by rising demand for landfill alternatives amid regulatory and cost pressures. The news reinforced investor confidence in RenX’s ability to scale contracted volumes and leverage its technology-enabled processing platform, directly supporting its forward-looking growth outlook.