---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-099272"
form_type: "8-K"
ticker: "RMAX"
cik: "0001581091"
company_name: "RE/MAX Holdings, Inc."
filed_at: "2026-08-20T21:10:32+00:00"
generated_at: "2026-08-20T21:12:14.726794+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# RE/MAX cash elections exceed $80M cap; proration yields ~$4.33 cash + 0.3535 Real shares

## Summary
- 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).

## SEC filing metadata
- accession: 0001104659-26-099272
- form_type: 8-K
- ticker: RMAX
- cik: 0001581091
- company_name: RE/MAX Holdings, Inc.
- filed_at: 2026-08-20T21:10:32+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1581091/000110465926099272/0001104659-26-099272-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1581091/000110465926099272/tm2623567d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-099272
- JSON: https://secwatch.observer/filing/0001104659-26-099272.json
- Plain text: https://secwatch.observer/filing/0001104659-26-099272.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.