secwatch.observer — SEC 8-K summary
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Issuer:     RE/MAX Holdings, Inc. (RMAX)
CIK:        0001581091
Form:       8-K
Filed at:   2026-08-20T21:10:32+00:00
Accession:  0001104659-26-099272
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1581091/000110465926099272/0001104659-26-099272-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1581091/000110465926099272/tm2623567d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-099272

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer