Safe and Green shares surge 30.10% after-hours after rebranding to RenX Enterprises, focusing on engineered soils and renewable materials.

Safe and Green Development Corporation (NASDAQ: SGD) surged 30.10% in after-hours trading following its announcement to rebrand as 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 sustainable land-use solutions, emphasizing its vertically integrated platform for high-margin soil products and regenerative practices. The rebranding, highlighted by CEO David Villarreal as a pivotal milestone, underscores expanded focus on organics processing, logistics infrastructure, and advanced milling technology. The move aligns with investor interest in environmental solutions and scalable operations, with the company’s website transitioning to www.renxent.com. The stock’s sharp after-hours gain suggests market optimism over the repositioning and growth potential in sustainable resource manufacturing.