reAlpha Tech Corp. Completes $2 Million Public Offering of Common Stock and Warrants
reAlpha Tech Corp. Finalizes $2 Million Public Offering of Common Stock and Warrants
reAlpha Tech Corp. (Nasdaq: AIRE), a leading AI-powered real estate technology company, recently closed its previously announced public offering, securing gross proceeds of approximately $2 million. The offering comprised 13,333,334 shares of common stock, as well as Series A-1 and Series A-2 warrants—both allowing the purchase of an additional 13,333,334 shares each. All were made available at a combined price of $0.15 per share with attached warrants.
Details of the Warrants
- Exercise Price: Both Series A-1 and A-2 warrants can be exercised at $0.15 per share.
- Activation: Warrants become exercisable once shareholders approve the issuance of shares upon their exercise.
- Expiration: Series A-1 warrants are valid for five years, and Series A-2 warrants are valid for two years following shareholder approval.
H.C. Wainwright & Co. acted as the exclusive placement agent for this offering.
Use of Offering Proceeds
The company plans to utilize the net proceeds for various corporate purposes, including working capital, possible repayment of debt, acquisitions, capital expenditures, and potential cryptocurrency purchases under its investment policy.
Regulatory Details
This offering was registered through a statement on Form S-1, declared effective by the SEC on July 16, 2025. The final prospectus for the offering is publicly accessible through the SEC’s website.
About reAlpha Tech Corp.
reAlpha Tech Corp. leverages artificial intelligence to transform the U.S. real estate services sector. The company is developing a comprehensive platform that integrates brokerage, mortgage, and title services, aiming to simplify and enhance the process of buying and selling real estate. With its proprietary AI tech and acquisition-driven growth strategy, reAlpha aspires to make homeownership more accessible and affordable.
Forward-Looking Statements
This announcement contains forward-looking statements regarding reAlpha’s operations, growth plans, adoption of AI technologies, market expansion, and anticipated uses for offering proceeds. These statements are subject to various risks and uncertainties that may result in outcomes different from current expectations. Key risks include compliance with Nasdaq listing standards, liquidity, operational performance, regulatory approval, market adoption of products, successful integration of acquisitions, and cybersecurity. For a comprehensive overview of risks, investors should consult reAlpha’s filings with the SEC. reAlpha does not commit to updating forward-looking statements unless required by law.
This content is for informational purposes only and does not constitute financial advice.