reAlpha Tech Corp. Announces Closing of $2 Million Public Offering
reAlpha Tech Corp. (NASDAQ: AIRE), an AI-powered real estate technology company, has completed its public offering of 13,333,334 shares of common stock at $0.15 per share, along with Series A-1 and A-2 warrants. The offering, managed by H.C. Wainwright & Co., raised approximately $2 million in gross proceeds.
Each share comes with two warrants: Series A-1 with a 5-year term and Series A-2 with a 24-month term, both exercisable at $0.15 per share upon stockholder approval. The company plans to use the proceeds for working capital, general corporate purposes, potential acquisitions, debt repayment, capital expenditures, and cryptocurrency investments.
reAlpha Tech Corp. (NASDAQ: AIRE), una societ脿 di tecnologia immobiliare basata sull'intelligenza artificiale, ha completato la sua offerta pubblica di 13.333.334 azioni ordinarie a 0,15 $ per azione, insieme a warrant di Serie A-1 e A-2. L'offerta, gestita da H.C. Wainwright & Co., ha raccolto circa 2 milioni di dollari di proventi lordi.
Ogni azione 猫 accompagnata da due warrant: la Serie A-1 con durata di 5 anni e la Serie A-2 con durata di 24 mesi, entrambi esercitabili a 0,15 $ per azione previa approvazione degli azionisti. La societ脿 intende utilizzare i fondi per capitale circolante, scopi aziendali generali, potenziali acquisizioni, rimborso del debito, spese in conto capitale e investimenti in criptovalute.
reAlpha Tech Corp. (NASDAQ: AIRE), una empresa tecnol贸gica inmobiliaria impulsada por IA, ha completado su oferta p煤blica de 13,333,334 acciones comunes a $0.15 por acci贸n, junto con warrants de las Series A-1 y A-2. La oferta, gestionada por H.C. Wainwright & Co., recaud贸 aproximadamente $2 millones en ingresos brutos.
Cada acci贸n incluye dos warrants: Serie A-1 con un plazo de 5 a帽os y Serie A-2 con un plazo de 24 meses, ambos ejercitables a $0.15 por acci贸n tras la aprobaci贸n de los accionistas. La empresa planea usar los fondos para capital de trabajo, prop贸sitos corporativos generales, adquisiciones potenciales, pago de deudas, gastos de capital e inversiones en criptomonedas.
reAlpha Tech Corp. (NASDAQ: AIRE)電� AI 旮半皹 攵霃欖偘 旮办垹 須岇偓搿滌劀, 13,333,334欤�鞚� 氤错喌欤茧ゼ 欤茧嫻 $0.15鞐� 瓿店皽 毵り皝鞚� 鞕勲頄堨溂氅�, 鞁滊Μ歃� A-1 氚� A-2 鞗岆煱韸鸽ゼ 頃粯 氚滍枆頄堨姷雼堧嫟. H.C. Wainwright & Co.臧 甏毽暅 鞚措矆 瓿惦毳� 韱淀暣 鞎� 200毵� 雼煬鞚� 齑� 靾橃澋鞚� 頇曤炒頄堨姷雼堧嫟.
臧� 欤检嫕鞐愲姅 霊� 臧歆 鞗岆煱韸戈皜 韽暔霅橃柎 鞛堨姷雼堧嫟: 5雲� 毵岅赴鞚� 鞁滊Μ歃� A-1鞕 24臧滌洈 毵岅赴鞚� 鞁滊Μ歃� A-2搿�, 氇憪 欤检< 鞀轨澑 頉� 欤茧嫻 $0.15鞐� 頄夓偓頃� 靾� 鞛堨姷雼堧嫟. 須岇偓電� 臁半嫭 鞛愱笀鞚� 鞖挫爠鞛愲掣, 鞚茧皹 旮办梾 氇╈爜, 鞛犾灛鞝� 鞚胳垬, 攵毂� 靸來櫂, 鞛愲掣 歆於� 氚� 鞎旐樃頇旐彁 韴瀽鞐� 靷毄頃� 瓿勴殟鞛呺媹雼�.
reAlpha Tech Corp. (NASDAQ : AIRE), une entreprise technologique immobili猫re propuls茅e par l'IA, a finalis茅 son offre publique de 13 333 334 actions ordinaires 脿 0,15 $ par action, accompagn茅e de bons de souscription des s茅ries A-1 et A-2. L'offre, g茅r茅e par H.C. Wainwright & Co., a permis de lever environ 2 millions de dollars de produits bruts.
Chaque action est assortie de deux bons de souscription : la s茅rie A-1 d'une dur茅e de 5 ans et la s茅rie A-2 d'une dur茅e de 24 mois, tous deux exer莽ables 脿 0,15 $ par action sous r茅serve de l'approbation des actionnaires. La soci茅t茅 pr茅voit d'utiliser les fonds pour le fonds de roulement, des objectifs g茅n茅raux d'entreprise, d'茅ventuelles acquisitions, le remboursement de dettes, des d茅penses en capital et des investissements en cryptomonnaies.
reAlpha Tech Corp. (NASDAQ: AIRE), ein KI-gest眉tztes Immobilien-Technologieunternehmen, hat sein 枚ffentliches Angebot von 13.333.334 Stammaktien zu je 0,15 $ pro Aktie abgeschlossen, zusammen mit Warrants der Serien A-1 und A-2. Das Angebot, verwaltet von H.C. Wainwright & Co., brachte rund 2 Millionen US-Dollar Bruttoerl枚s ein.
Jede Aktie ist mit zwei Warrants ausgestattet: Serie A-1 mit einer Laufzeit von 5 Jahren und Serie A-2 mit einer Laufzeit von 24 Monaten, beide aus眉bbar zu 0,15 $ pro Aktie nach Zustimmung der Aktion盲re. Das Unternehmen plant, die Erl枚se f眉r Betriebskapital, allgemeine Unternehmenszwecke, m枚gliche 脺bernahmen, Schuldenr眉ckzahlung, Investitionsausgaben und Kryptow盲hrungsinvestitionen zu verwenden.
- None.
- Significant dilution with 13.3M new shares at $0.15 per share, well below typical market prices
- Additional potential dilution from 26.7M warrant shares if exercised
- Low offering price of $0.15 suggests weak market position
Insights
reAlpha secured $2M in financing at a low share price of $0.15, indicating significant dilution and challenging financial circumstances.
reAlpha has closed a
The warrant structure is designed to potentially provide additional capital later, with both Series A-1 (five-year) and Series A-2 (two-year) warrants exercisable at
The company's stated use of proceeds reveals financial flexibility challenges, with debt repayment listed as a potential allocation alongside working capital needs. The mention of cryptocurrency investments in the use of proceeds is unusual and potentially concerning for a struggling real estate technology company, as it suggests speculative allocation of limited capital resources. H.C. Wainwright's involvement as placement agent rather than a traditional underwriter also indicates this was a challenging financing to complete, likely involving substantial fees that will reduce the net proceeds available to the company.
DUBLIN, Ohio, July 18, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (the 鈥淐ompany鈥� or 鈥渞eAlpha鈥�), an AI-powered real estate technology company, today announced the closing of its previously announced public offering of an aggregate of 13,333,334 shares of its common stock, together with Series A-1 warrants to purchase up to 13,333,334 shares of common stock and Series A-2 warrants to purchase up to 13,333,334 shares of common stock, at a combined public offering price of
H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.
The gross proceeds from the offering, before deducting the placement agent鈥檚 fees and other offering expenses payable by the Company, were approximately
The securities described above were offered pursuant to a registration statement on Form S-1 (File No. 333-288571), which was declared effective by the Securities and Exchange Commission (the 鈥淪EC鈥�) on July 16, 2025. The offering was made only by means of a prospectus forming part of the effective registration statement relating to the offering. A final prospectus relating to the offering has been filed with the SEC. Electronic copies of the final prospectus may be obtained on the SEC鈥檚 website at http://www.sec.gov and may also be obtained by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by phone at (212) 856-5711 or e-mail at .
This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About reAlpha Tech Corp.
reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company transforming the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated brokerage, mortgage, and title services. With a strategic, acquisition-driven growth model and proprietary AI infrastructure, reAlpha is building a vertically integrated ecosystem designed to deliver a simpler, smarter, and more affordable path to homeownership. For more information, visit聽.
Forward-Looking Statements
The information in this press release includes 鈥渇orward-looking statements.鈥� Any statements other than statements of historical fact contained herein, including statements as to the receipt of stockholder approval and the intended use of net proceeds from the offering, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as 鈥渕ay鈥�, 鈥渟hould鈥�, 鈥渃ould鈥�, 鈥渕ight鈥�, 鈥減lan鈥�, 鈥減ossible鈥�, 鈥減roject鈥�, 鈥渟trive鈥�, 鈥渂udget鈥�, 鈥渇orecast鈥�, 鈥渆xpect鈥�, 鈥渋ntend鈥�, 鈥渨ill鈥�, 鈥渆stimate鈥�, 鈥渁nticipate鈥�, 鈥渂elieve鈥�, 鈥減redict鈥�, 鈥減otential鈥� or 鈥渃ontinue鈥�, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha鈥檚 ability to regain and sustain compliance with the Nasdaq Capital Market鈥檚 continued listing standards and remain listed on the Nasdaq Capital Market; reAlpha鈥檚 ability to pay contractual obligations; reAlpha鈥檚 liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha鈥檚 limited operating history and that reAlpha has not yet fully developed its AI-based technologies; whether reAlpha鈥檚 technology and products will be accepted and adopted by its customers and intended users; reAlpha鈥檚 ability to commercialize its developing AI-based technologies; reAlpha鈥檚 ability to successfully enter new geographic markets; reAlpha鈥檚 ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies鈥� services; reAlpha鈥檚 ability to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings against reAlpha; reAlpha鈥檚 ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; reAlpha鈥檚 ability to successfully identify and acquire companies that are complementary to its business model; the inability to maintain and strengthen reAlpha鈥檚 brand and reputation; any accidents or incidents involving cybersecurity breaches and incidents; the inability to accurately forecast demand for AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha鈥檚 growth; the inability of reAlpha鈥檚 customers to pay for reAlpha鈥檚 services; the inability of reAlpha to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against reAlpha; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha鈥檚 SEC filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha鈥檚 future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha鈥檚 filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Media Contact:
Cristol Rippe, Chief Marketing Officer
[email protected]
Investor Relations Contact:
Adele Carey, VP of Investor Relations
[email protected]
