IPO - reAlpha Tech Corp.

Form Type: S-1

Filing Date: 2025-07-09

Corporate Action: Ipo

Type: New

Accession Number: 000121390025062157

Filing Summary: reAlpha Tech Corp. is filing its registration statement under the Securities Act of 1933 to offer an initial public offering (IPO) of up to 14,958,863 shares of common stock along with various classes of warrants for potential buyers. The company is utilizing this offering to facilitate its growth strategy, which includes expansion of its AI-driven homebuying platform focused on streamlining real estate transactions. The expected offering price for the common stock suggest a fundraising effort to support technology development and acquisition of companies that enhance their service offerings. The company aims to simplify the home buying process through virtual technology combined with licensed real estate agents and brokerage services. Significant details include the offering structure with accompanying warrants, a commission refund model to encourage homebuyer utilization of their integrated services, and their strategic goal to expand operations nationwide by 2026. The document also highlighted compliance challenges with Nasdaq requirements and previous operational shifts away from asset-heavy models towards tech-focused initiatives.

Form Type: DRS

Filing Date: 2025-06-11

Corporate Action: Ipo

Type: New

Accession Number: 000121390025053259

Filing Summary: reAlpha Tech Corp. filed a confidential draft registration statement with the U.S. Securities and Exchange Commission on June 11, 2025, indicating its plans for an initial public offering (IPO). The company is a real estate technology firm that has developed the reAlpha platform aimed at providing an integrated, AI-driven homebuying experience. They focus on delivering various homebuying services, including realty and mortgage brokerage, while offering technological enhancements to improve the purchasing process. As part of their growth strategy, they have successfully made several acquisitions to expand their service offerings and operational capabilities. The document outlines the planned offerings of shares of common stock and warrants, along with the intended use of proceeds from the sale. Additionally, the plan aims for an eventual market expansion to all states in the U.S., which is contingent on obtaining necessary licenses. This IPO represents a significant step towards scaling their business model that previously focused on short-term rentals before pivoting to a technology-centric approach.