RMX Industries Secures Up to $50 Million Capital Facility to Accelerate Growth

RMX Industries, Inc. has entered into a securities purchase agreement for an up to $50 million contingent financing facility from ATW Partners, a New York-based institutional investor. The facility is designed to provide growth capital and support RMX's next phase of expansion, including product development, customer programs and go-to-market execution. This financing represents a significant milestone for the technology company specializing in advanced data compression and video optimization.

Karl Kit, Chief Executive Officer of RMX, emphasized the strategic importance of this financing, stating that it provides the flexibility needed to accelerate successful initiatives while investing in new opportunities. The company's focus remains on disciplined growth, customer delivery, operational strengthening, and building durable value for all stakeholders. With ATW's support, RMX is positioned to move faster and scale with confidence in the competitive technology landscape.

The proceeds from this facility are expected to enhance RMX's current platforms and pipeline by advancing product development, expanding customer programs and elevating commercial coverage. Additionally, the funding will provide working-capital flexibility to pursue future commercial opportunities as they arise. The company's proprietary technology, originally developed for mission-critical military applications, reduces video bandwidth, storage needs, and power consumption by up to 50% without compromising quality or functionality across any network or hardware infrastructure.

As data becomes increasingly foundational across defense, AI, cloud, and enterprise ecosystems, RMX's positioning in the intelligent data compression market becomes more strategically important. The company aims to transform how organizations capture, transmit, store, and share visual data in a rapidly digitizing world. Additional details regarding this finance agreement will be included in the Company's upcoming Form 1-U filing available through regulatory channels.

The closing of the transactions contemplated by the securities purchase agreement and the availability of the initial tranche of funds under the convertible note facility remain subject to the satisfaction of various closing conditions. This capital infusion comes at a critical time as organizations worldwide grapple with escalating data management challenges and seek more efficient solutions for handling massive visual data volumes across multiple industries and applications.