M&A
confidence high
sentiment neutral
materiality 0.70
RE/MAX cash elections exceed $80M cap; proration yields ~$4.33 cash + 0.3535 Real shares
RE/MAX Holdings, Inc.
- 18,488,134 shares elected cash, exceeding $80M cap, triggering proration provisions.
- Cash electing shares receive ~$4.33 cash + ~0.3535 Real REMAX shares (post-consolidation) per share.
- Stock electing shares receive 0.5150 Real REMAX shares per share (post-consolidation).
- Closing expected Aug 24, 2026; 10-for-1 share consolidation at 4:01pm ET that day.
- Real REMAX Group to trade on Nasdaq as REAX starting Aug 25, 2026 (new CUSIP 776105108).