secwatch.observer — SEC 8-K summary
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Issuer:     RE/MAX Holdings, Inc. (RMAX)
CIK:        0001581091
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001104659-26-049628
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RE/MAX Holdings to combine with Real Brokerage; stockholders can receive 5.150 shares or $13.80 cash/sh
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- RE/MAX shareholders elect 5.150 new shares or $13.80/sh cash; total cash prorated to $60M-$80M.
- Combined company ownership: ~59% from Real Brokerage, ~41% from RE/MAX at midpoint of cash election.
- Termination fees: $25M by RE/MAX, $31M by Real Brokerage, and $36M regulatory fee in certain scenarios.
- Concurrent RIHI, Inc. acquisition by RE/MAX in stock-for-stock merger, conditioned on main deal closing.
- Support agreements secure ~38% of RE/MAX voting power and ~16% of Real Brokerage voting power to vote in favor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1581091/000110465926049628/0001104659-26-049628-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1581091/000110465926049628/tm2612789d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-049628

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